[fhayek]

When Obama started leading in the polls, the Dow dropped. Around convention time, when McCain's poll numbers were improving, the stock market stabilized and even rallied. When Obama won the election, the market dropped again. The day Obama assumes office, the Dow drops 332 points. We are told that investors are reassessing earnings reports. Sure.

[wmfights]

When Obama started leading in the polls, the Dow dropped. Around convention time, when McCain's poll numbers were improving, the stock market stabilized and even rallied.

IIRC, the DOW began to drop about 6 months after the RATS took over Congress.

[meyer]

When Obama started leading in the polls, the Dow dropped. Around convention time, when McCain's poll numbers were improving, the stock market stabilized and even rallied.

Yes, the markets correlated well with McCain's poll numbers. Unfortunately, McCain's decision to participate in the bailout knocked him out of contention.

Prior to that, the market was down a bit from its peak but stable. And, his poll numbers were very competitive. Post-bailout, it suddenly became much harder for a conservative to vote for McCain.

[rb22982]

The market dropping had a lot more to do with banks blowing up (or not blowing up for spells) than anything else. Still is...look at BAC, RBS, Barclays, Citi, etc the last month. That’s not to say that the market like Barack. You’ll know his time for gov’t expansion is up when we have a bond market dislocation. Depending on how quickly Ireland/UK collapses and E. European countries depends on how quickly that happens here. I previously thought he’d get a full year of $2tril+ deficits in. I give is 6 months now.