Bizblogger

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Thursday, November 20, 2008

Worst Post-Election Market Performance Ever Continues

Obama wanted change - we've got it. Within 2 weeks of being elected, the stock markets are now down 20-25%. This indeed is a change from past elections, when the market usually rallies on the removal of uncertainty. We are now in a complete freefall, having lost about $5 trillion in market value in 2 weeks.