Stocks fall as investors ponder Obama presidency

[southwind]

Oh, it will, once you get the feel of your new UNION. "Coming Soon to an airline named New Delta!"

BRAHAHAW..............Good luck with that "NEW-UNION" crap !

Your going to need it !

 

[dapoes]

 

[southwind]

Yes...than damned old "living wage"...I guess we should all just work 3 jobs to make less than what we used to working one.

Will it? What happens if corporate taxes are structured to PUNISH those outsourcing and REWARDING companies who keep jobs here? I mean, we have tax laws that allow companies to pay NO tax...yet they still offshore.



How much WORSE can it get than it already is??

Ever heard of K.I.S.S. ?..............Keep It Simple Stupid !

Just endorse "THE FAIR TAX" and before you start running your pie-holes, read the book !

All of America's economic and job woes would dissapear !

Companies could not find enough employees to fill the jobs created , here in the U.S., if we were using the FAIR TAX system !

 

[American Air Surf]

Day 1 of the pending Obama regine and Freedom & Liberty STILL held hostage!

May God help us all!

I wasn't a McCain supporter so no "sore loser" comments please. If McCain had won the opening line would have read the same except the name would have been changed to identify the guilty.

Come the end of the weeek the IRS will still have confiscated a portion of your paycheck

The Government will still operate the TSA.

The Federal Reserve Bank will still be unaudited.

The RLA will not be repealed leaving airline workers virtually unable to strike

The Congress will continue to divide up the fruit of our labor.

The stock Market will do whatever it wants to do despite Governments best efforts


Life goes on, Same bowl, different turd!

Piney, I couldn't have said it better myself ! Where is the Tidy-Bowl-Man when you need him? We are all surely sinking on the Titanic. Obama, will be the Janitor-President, and will leap from one crisis, one wild fire to another, during his Administration. In a way, I feel sorry for him- Because when the populace doesn't see a quick fix, he will ultimately get the blame- Becasue the public has a "very" short memory....

 

[dapoes]

Its official, what an accomplishment!

U.S. Stocks Post Biggest Post-Election Drop on Economic Concern
Nov. 5 (Bloomberg) -- The stock market posted its biggest plunge following a presidential election as reports on jobs and service industries stoked concern the economy will worsen even as President-elect Barack Obama tries to stimulate growth.

 

[freedom]

For some reason your link isn't loading at least on my computer screen .....

presidental poltics and the economy are not intertwined ... what do you think would have happened if mccain had won ?

Did you see the auto's report a few days ago .... GM is down by almost 50% from the sales from the last year .. their finanicing arm GMAC is heading toward the abyss ....

While it's good that obama won ... he's only one man , he can't stop the train from wreaking ...

 

[dapoes]

For some reason your link isn't loading at least on my computer screen .....

presidental poltics and the economy are not intertwined ... what do you think would have happened if mccain had won ?

Did you see the auto's report a few days ago .... GM is down by almost 50% from the sales from the last year .. their finanicing arm GMAC is heading toward the abyss ....

While it's good that obama won ... he's only one man , he can't stop the train from wreaking ...

Try this link: http://www.bloomberg.com/apps/news?pid=206...refer=worldwide

Todays events sent a clear signal that the Wall Street voted no confidence on his election.

Case in point:

RPT-FACTBOX-U.S. stocks on the day after presidential elections
http://in.reuters.com/article/usMktRpt/idINN0531971420081105

NEW YORK, Nov 5 (Reuters) - Wall Street hardly delivered a
rousing welcome to President-elect Barack Obama on Wednesday,
dropping by the largest margin on record for a day following a U.S.
presidential contest.

The slide more than wiped out the previous day's advance, the
largest Election Day rally ever for U.S. stocks.

The following table shows the percentage rise or decline in the
Dow Jones industrial average .DJI, Standard & Poor's 500 index
.SPX and Nasdaq composite index .IXIC on the day after a U.S
presidential election and who won the Election Day vote.
Year Dow S&P Nasdaq President elect
2008 -5.05 -5.27 -5.53 Barack Obama
2004 +1.01 +1.12 +0.98 George W. Bush
2000 -0.41 -1.58 -5.39 No decision: G.W. Bush v Al Gore*
1996 +1.59 +1.46 +1.34 William Clinton
1992 -0.91 -0.67 +0.16 William Clinton
1988 -0.43 -0.66 -0.29 George H. W. Bush
1984 -0.88 -0.73 -0.32 Ronald Reagan
1980 +1.70 +1.77 +1.49 Ronald Reagan
1976 -0.99 -1.14 -1.12 James Carter
1972 -0.11 -0.55 -0.39 Richard Nixon
1968 +0.34 +0.16 --- Richard Nixon
1964 -0.19 -0.05 --- Lyndon Johnson
1960 +0.77 +0.44 --- John Kennedy
1956 -0.85 -1.03 --- Dwight Eisenhower
1952 +0.40 +0.28 --- Dwight Eisenhower
1948 -3.85 -4.15 --- Harry Truman
1944 -0.27 0.00 --- Franklin Roosevelt
1940 -2.39 -3.14 --- Franklin Roosevelt
1936 +2.26 +1.40 --- Franklin Roosevelt
1932 -4.51 -2.67 --- Franklin Roosevelt
1928 +1.20 +1.77 --- Herbert Hoover
1924 +1.17 --- --- Calvin Coolidge
1920 -0.57 --- --- Warren Harding
1916 -0.35 --- --- Woodrow Wilson
1912 +1.83 --- --- Woodrow Wilson
1908 +2.38 --- --- William Taft
1904 +1.30 --- --- Theodore Roosevelt
1900 +3.33 --- --- William McKinley
1896 +4.54 --- --- William McKinley
* George W. Bush ultimately was determined the winner of the 2000
election.
Source: Reuters EcoWin

 

[freedom]

an interesting tale of history and markets ....Do you have any charts to predict the future ?

This is NOV 2008 .... this is NOW , the events that are unfolding are NOW events ... if your looking for the past to provide a guide to the future let me know if you find the solution to our nations horrific econmic problems other than references to the great depression ...

Our goverment is broke , and so are our people ..

 

[dapoes]

an interesting tale of history and markets ....Do you have any charts to predict the future ?

This is NOV 2008 .... this is NOW , the events that are unfolding are NOW events ... if your looking for the past to provide a guide to the future let me know if you find the solution to our nations horrific econmic problems other than references to the great depression ...

Our goverment is broke , and so are our people ..

Exactly my point, historically no matter what economic condition, wall street reacts the day after an election. But dont trust me go google it for yourself. Wall Street, under its current condition showed an utter lack of confidence in our new president.

 

[freedom]

yeah , wall street ... our nations most brilliant minds ..... :down: ah hahaha , the people on wall street aren't actually that bright .... but then again , most aren't ...only a few people saw this coming and most of them were dissmissed as crazy ... and now you expect me to even care what wall street thinks ?

Wall street is run by idiots ... for months i've been hearing the same B.S about stocks bottoming out and how people should ride out the storm or start buying .... and it's funny , because everyone who keeps rushing into the burning building themselves gets burned , even buffet ...

 

[KCFlyer]

Exactly my point, historically no matter what economic condition, wall street reacts the day after an election. But dont trust me go google it for yourself. Wall Street, under its current condition showed an utter lack of confidence in our new president.

YOu are right....At the same time, the stock market has experienced historical drops recently. So what that tells me is this - Republicans are idiots. When the market drops almost a thousand points in a day, they tell the world that this is a "buying opportunity". It sure seems to me that when the market dips, those good republican traders might rush in and buy buy buy so they can get a better dollar cost average in their 401k. So what is it...is this a buying opportunity, or have rich folks decided that they are getting out of the market now and not ever going to make another single dollar in their lives because they don't want to pay a higher capital gains tax?

BTW...what about this one : 1932 -4.51 -2.67 --- Franklin Roosevelt. Now...what would have happened had you invested a thousand dollars in the market back then?

 

[delldude]

Listening to Rush Limbaugh again?

How would you know?

Revealing your inner secrets?

 

[tech2101]

How would you know?

Revealing your inner secrets?

LOL.

I did listen to a few minutes of his show today. It was great comic relief. 😱

 

[delldude]

Here in the Steeler Nation....the new administration is effecting huge business decisions.Is this a harbinger of things to come for other business' and our economy?
Could this be attributable to the recent sell off trend on the Street?

As if Ben Roethlisberger were running the hurry-up offense near the end of a game, the five Rooney brothers who own the bulk of the Steelers franchise are trying to beat the clock to settle their ownership issues over the next few weeks.

The brothers want to have a sales agreement and get NFL approval for it by the end of 2008 because of the extra tax consequences they believe will be introduced retroactively to the beginning of 2009 by the new Obama presidential administration and Congress.

Article

 

[tech2101]

Its official, what an accomplishment!

U.S. Stocks Post Biggest Post-Election Drop on Economic Concern
Nov. 5 (Bloomberg) -- The stock market posted its biggest plunge following a presidential election as reports on jobs and service industries stoked concern the economy will worsen even as President-elect Barack Obama tries to stimulate growth.

Dow Finishes 2009 With Nearly 19% Gain:

A late burst of selling left stocks with a hefty loss Thursday at the end of what was otherwise a banner year, highlighted by the biggest annual percentage gain in the Dow Jones Industrial Average in six years.