Quote:
Originally Posted by wmbwinn
The Dow began to plummet more precipitously the week Obama won the Democratic nomination.
Most figured accurately that the real race for the POTUS was the Dem primary race.
So, the slide took off at that point...
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seems like you want to cherry pick the date to start with, it was evident months before the dnc that obama would be the nominee.
are you suggesting that investors were not aware that obama would be the nominee until the dnc? that would be ridiculous.
the dow has reacted to news on banks, bankruptcies, etc., not to obama's election.