I know that the stock market declined over 44% since September 15, which was the day on which the stock market pretty much figured out that Obama would win (McCain’s “suspension of campaign” announcement came a few days later). It has declined over 3,000 points since election day, and (if I remember correctly) by about 25% from its close on Jan. 20, 2009. In only a few months. That’s alot.
No doubt the market was taking a swan dive in any event... but Bama’s socialist nonsense seems to have been the killshot.