Archive for March 6th, 2009

The Obama Bear Market: “Never waste a good crisis” »

As reported by Bloomberg, the Dow Jones Industrial Average has not only dropped by 53.4% since its high in October 2007 but by an astounding 31% since the inauguration of Barack Obama as U.S. President, with a $1.6 trillion loss in equity and contraction of the American economy by 6.2% since he took office….
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