We speak of the market as though it is an entity. The market is not an entity, it is people. People like you and I who choose to invest. Obama has not generated any consumer confidence. In turn no investor confidence has been produced. This is a direct result of his plans. One is that he is spending massive amounts which no one knows how they will repay, but many believe that it will be through increased taxation on much lower incomes than what is being reported by the administration. The second revolves around all the new tax proposals on individuals, businesses and commodities. This last is most detrimental to the market because it drastically reduces expectation on returns from investment. Obama needs to back off on his agenda, slow the spending and definitely can the tax increases. These things would provide some breathing room and a possible platform for the beginning signs of recovery to take shape. Everything with Obama is now, now, now. He is trying to cram thirty years worth of Democrat wish shopping into his first 3 months in office.

When powerful people speek the market will reacet. So what Obama says does effect the market.

It has nothing to do with the President it has to do with the job loss. Start listening to intelligent people not fixed news & Rush with thinking.

No, not really.

Some have realized that The “Stay the course” idea of The Market is over.
They will get over it soon though, look at all the money to be made with lower prices.

By the way, THE DOW dropped from about 14,000 to 6,500 during Bush’s term.
Far more of a drop than now.

Warren Buffet now seems to think so.

because their greedy ways are coming to an end

It is the natural aversion to communism that the capitalist market has.

yes f rom republicans
no from democrats
maybe from independents
don’t know from majority
who cares from non voters
the devil knows from moral majority

The market peaked in October 2007 at 13000

and “came tumbling down last spring, to 11000, losing 20%
when the bursting of the housing bubble started to add up to massive losses for Wall Street banks and other financial services firms tied to bad mortgages.”

after the public found out that Bush and the G O P’s deregulation of EVERYTHING caused false values and NOTHING is worth what THEY PROJECTED

of course confidence is OUT and people don’t want stocks in companies that LIED about their profitability while paying their CEO multi-million dollar bonus’s—–DUH

AND you have a big mouth that a couple million people listen t, everyday tell us of doom and gloom and how
He ruined America
He’s turning us into socialists

and all that crap

yet YOU expect people to have confidence !!!

your team should be the one shutting lardazz up—-he is hurting you folks more than anyone

The market does not like him.