Saturday, February 14, 2009

Stocks lower as investors wait on Washington - Los Angeles Times

http://www.latimes.com/business/investing/la-fi-markets14-2009feb14,0,7035525.story


The Dow slides 82.35 points, giving the blue-chip index a 5.2% loss for the week. Broader indexes also fall.

The market tanked on events related to Obama. It tanked when Obama won the presidency, sworn in as president, Obama cabinets are tax cheats, Obama's first news press conference, and the passing of the stimulus pork barrel bill. If the market is a reflection on the health of the economy, we are in dire trouble. Have you had enough, yet?