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Monday, October 13, 2008

Gasparino: An Obama Market Panic

Charles Gasparino, on-air editor at CNBC, thinks that the market has not only been factoring in financial liquidity issues, but as Obama is supposedly was widening his lead in the polls last week, the market was also beginning to discount Obama policies. If that's the case, Gasparino suggests we might still have a long way to go down. He calls it the Obama panic.