When Obama Speaks, the Market Tanks

By: Robert Bluey (Diary)  |  February 25th at 10:29 PM  | 

The best thing President Barack Obama can do for the economy is keep quiet. A day after delivering an address that won widespread praise from the chattering class, Obama’s big-government policies were rejected by traders on Wall Street. Wall Street’s negative reaction to Obama is nothing new. Ever since Election Day, Obama’s words have failed to inspire investors. “When the President speaks, the market listens | Read More »