Joey R asked:


Ever since Obama has been president, the stock market has been dropping lower by any administration that Obama has done. I don’t understand this. Why is this happening. I’m really scared now because I’m afraid America might be heading into a depression.

HERSCHEL

17 Responses to “Why is the stock market dropping lower and lower with Obama?”

1. Master Blaster 007 on December 13th, 2009 3:59 am

   Socialism is incompatible with Capitalism…..Obama is making socialism and communism the law of the land.

2. 8 billion dollar choo choo train on December 13th, 2009 10:02 pm

   They have a lot of faith in him , Failing that is . Besides that, Why would anyone in this country want to achieve and make money, When Obama want’s to spread their wealth around ? God bless.

3. firewomen on December 15th, 2009 12:02 am

   It started heading down hill long before President Obama was elected. Too many people taking profits. I do not put any stock in the reliability of wall street.

4. hansblix222 on December 18th, 2009 11:42 am

   Actually, its rooted in the period before the Obama presidency. Every day, new reports surface about the bad economy of 2008, so don’t blame it on the current guy.

5. Jonny B on December 21st, 2009 2:55 pm

   The markets do not like his socialist agenda.

6. Cloud on December 24th, 2009 10:40 am

   It already is in a depression - “they” just don’t want to admit it.

7. mrscasti on December 27th, 2009 4:48 pm

   Have you been living under a rock for the last 9 months? This is not new. Surely you don’t think that in one month, Obama could possibly fix the terrible mess we are in. The economy didn’t get in this position overnight.

8. skonch01 on December 28th, 2009 8:02 pm

   People vote with their wallets. If Wall Street thought Obama was on to something, the market would be screaming up

9. elkdevel on December 30th, 2009 4:01 pm

   With a country spending as wasteful as Obamas stimulus how safe do you feel in buying stock? I want my money in cash, not long term stocks.

10. g on January 2nd, 2010 11:13 am

    it’s gone down like 600 pts. since his inauguration day total… 7.9 to 7.3

    that’s really not that much… over a whole month… considering
    =^DJI

11. dino003 on January 5th, 2010 8:58 pm

    Cause the multiple big corp bail outs are making money for THEM buy low sell lower and they still make a profit off tax payers bail out moneys ITS A SCAM

12. n.t. on January 7th, 2010 5:49 pm

    It is a mystery!! night???

    Have an awesome night I hope you don’t lose your job either. It ***** but It will get better.. just go and do some things. and the economy will revamp in a year or two; or atleast we ALLL hope it does. Until then
    –N.t.

13. tet1968usn on January 9th, 2010 6:21 am

    Because obama can’t lead.

14. need to know on January 12th, 2010 4:14 pm

    BEND OVER OBAMA’S DRIVING… “AMERICA HELD HOSTAGE DAY 30. OR UNTIL IMPEACHMENT.

15. Alan S on January 13th, 2010 12:36 pm

    because the economy is harder to turn around than a giant oil tanker. It had plenty of downward momentum when Obama took office and he has said right along that things are going to get worse before it gets better. If GWB hadn’t turned a blind eye to it a year ago by saying the economy was fundamentally strong, then it might be leveling off by now but that’s not the case so realize that what you’re seeing is going to continue for months to come. It isn’t going to be fast and it isn’t going to be easy but the one thing we can’t allow is for ourselves to succumb to fear. After 7 years we’ve been afraid long enough.

16. someone who wants to know on January 16th, 2010 5:14 am

    listen chicken little the sky is not falling its been down before because the rich like to buy and sell your security in this life get use to it

17. Ordinary World on January 16th, 2010 9:03 pm

    And it was doing so well, under Bush.