The market is tanking, allegedly because of the jobs report, with the Dow down 244 and the NASDAQ off 92 (3.5%) at this writing.(via)
How much of the decline is due to the investor class rejecting the idea that any good news comes out of either Obama-McCain or Obama-Huckabee? Neither matches up well against the youthful, "politics-of-hope" Illinois populist with Oprah at his side. Both Senator McCain and Governor Huckabee are identity politicians who leave part of the Reagan-Bush coalition cold without adding any significant new groups to make up for their loss.
Friday, January 04, 2008
Did the market want Romney?
Posted by michele at 1/04/2008 07:57:00 PM
Labels: politics, presidential election, Republicans, Romney