postheadericon Are the markets a referendum on the president and his bailout plans?

Let us hope not!  Here is how it has looked recently: 

  • The Dow and S&P 500 closed Monday at their lowest levels since 1997. 
  • The markets have dropped nearly 10% since Inauguration Day (chart below).  
  • The markets dropped a record 14% between Election Day and Inauguration Day.
  • The markets dropped a record 4% on Inauguration Day alone.

The Dow Jones industrical index is down nearly 10% in Obama's first month in office.

What do you think? Leave a Comment:

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