Comments on: Now all I have is hope

By: Laurene Schrenk

Laurene Schrenk — Fri, 09 Nov 2012 06:43:37 +0000

you realize that historically the markets have done better when democrats were in office, right? additionally the drop has little to do with obama's reelection. on election day obama's intrade odds were at around 70% (and higher) making an obama reelection obvious for wall street. stock futures were rising wednesday morning after the obama victory and only started falling when it become more evident that the EU crisis was beginning to affect german economic growth. sure the possibility of a fiscal cliff, and the permanence of the dodd-frank financial reform and volcker rule limiting proprietary trading (which wall street hates) is something to potentially upset markets, but it wasn't the only thing happening. it's a global economy, not just the us.

By: Sky Polin

Sky Polin — Thu, 08 Nov 2012 23:02:27 +0000

i am not shedding any tears for defense gov contractors.

By: Emily Schrader

Emily Schrader — Thu, 08 Nov 2012 16:31:56 +0000

It is about far more than the market.

By: Edward Charles

Edward Charles — Thu, 08 Nov 2012 16:30:34 +0000

Honestly, markets would have fallen yesterday even if Romney had won. Hence why I bought gold Tuesday and sold Wednesday…

By: Bruce A. Phillips

Bruce A. Phillips — Thu, 08 Nov 2012 16:25:17 +0000

Could it be because now that the election is over the markets have turned their attention to the looming fiscal cliff just around the corner that Boehner has all but promised he will not compromise on?

By: Ian Scott Wilson

Ian Scott Wilson — Thu, 08 Nov 2012 16:20:05 +0000

nope didnt read it. and i never disagreed with you. of course it wasnt a landslide. there have been about 2 landslides in our history, reagan and nixon

By: Emily Schrader

Emily Schrader — Thu, 08 Nov 2012 16:17:58 +0000

Perhaps you didn't read the article Ian. The point wasn't whether or not it matters, but that 48% of the population voted for him. That's not exactly a landslide. A LOT of people dont like Obama's approach.

By: Ian Scott Wilson

Ian Scott Wilson — Thu, 08 Nov 2012 16:15:04 +0000

i forgot, does the pop vote matter?

By: Meir Liberman

Meir Liberman — Thu, 08 Nov 2012 16:02:21 +0000

You're right. I was thinking of the electoral votes when I wrote this

By: Meir Liberman

Meir Liberman — Thu, 08 Nov 2012 15:48:44 +0000

Emily, I'm trying to be optimistic here.
But you are definitely right. Stock traders were not happy

By: Meir Liberman

Meir Liberman — Thu, 08 Nov 2012 15:48:44 +0000

Emily, I'm trying to be optimistic here.
But you are definitely right. Stock traders were not happy

By: Shlomo Toren

Shlomo Toren — Thu, 08 Nov 2012 15:29:46 +0000

Not to argue with the tone of your blog, whch is mark on, I do think your interpretation of th facts is a bit faulty. 0bama didn't win by a landslide: he just won. In general, the republicans were not so successful in getting out the vote in the swing states and there Romney lost the battle. A four percent gap between 0bama and Romney is certainly a mandate, but it still leaves the electorate very divided. If 0bama is to succeed in the next four years, he will have to talk to that 48%.

By: Lauren Pierce

Lauren Pierce — Thu, 08 Nov 2012 14:27:20 +0000

Percentage-wise, Romney received about the same percentage of votes as those who pay federal income taxes . . . must be a coincidence!

By: Timothy McKernan

Timothy McKernan — Thu, 08 Nov 2012 14:25:49 +0000

29.5 hours a week actually

By: Russell Klosk

Russell Klosk — Thu, 08 Nov 2012 14:20:41 +0000

The same reason it dropped 516 the first time he was elected, business and the market have a crises of confidence around his policies and now begins the double dip