Liberals Frighten Market

In my “election predictions” item, I concluded with this statement, “I believe the stock market will within 30 days show real unhappiness with [the liberal sweep].”

Wow, 30 days! Much too long! In the first two days after Obama’s election and liberal gains in both houses, the market has recorded its biggest two-day drop since October 1987. Many factors are at play in a down economy. But one of those factors is the liberal threat to raise taxes and push anti-business, pro-union regulations. Wall Street is showing its fears about what liberals will do, and wants Obama to reassure American business.