Obama's Bear Market

There are many commentators and bloggers that have noted the precipitous drop in the markets since President Obama's November 4th 2008 election. the DOW has lost approximatily 3,000 points - that's a beating of over 30%. A loss of 20% is what most investors define as a bear market.

I'd say Obama owns this bear. On a side note, Michelle spent yesterday telling Americans how good the food is at soup kitchens. Thanks Michelle.