Why did the stock market fall so much after Obama won the election?
(I thought he was going to cause the heavens to open up and rain dollar bills down on everybody so why did the stock market fall 486 point? I demand my free stuff and I want it NOW!)
Answer :
1) Obama is anti-business
2) Obama can’t propose a windfall profits tax when there are no profits
3) The stock market reacts this way to depressing news
4) The less money a company is worth, the less value it is for Obama and Pelosi to nationalize.
5) Did I mention The stock market reacts this way to depressing news
6) The companies are afraid that the people who work for a living will stop working and demand the free stuff Obama promised
7)see number 3
If in doubt refer to number 3
9) Did I mention The stock market reacts this way to depressing news
2) Obama can’t propose a windfall profits tax when there are no profits
3) The stock market reacts this way to depressing news
4) The less money a company is worth, the less value it is for Obama and Pelosi to nationalize.
5) Did I mention The stock market reacts this way to depressing news
6) The companies are afraid that the people who work for a living will stop working and demand the free stuff Obama promised
7)see number 3
9) Did I mention The stock market reacts this way to depressing news
Posted: July 29th, 2010 under US Stock Market.
Tags: Obama won the election, stock market fall