The Politics of Mr. Market
Posted on November 19, 2012 at 09:37 AM EST
Mr. Market appears to be a Republican, or maybe a Libertarian, or even an Anarchist…but definitely not a Democrat…at least not anymore. Ever since the day Barack Obama reclaimed the White House for another four years, the stock market has done nothing but downtick. This observation is not partisan; it is empirical. Since the day President Obama won the election, the S&P 500 Index has slumped more than 5%. One week does not make a [...] The Politics of Mr. Market appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .
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