If the market stays where it is at right now, it will be the largest two day drop since 1987, that’s 19 years ago.
If anything confidence in a new leader would have prevented this drop. Instead we see almost a panic.
This isn’t just industry related IMO. There has to be an Obama factor in there. The news just isn’t that bad today.
We could easily have a 10 to 11% drop in two days, by the end of the day.
down 447 now