Day-After Stock Market Drop
My sentiments on yesterday’s doings: “the
King election is dead over, long live the election.”
Besides the so-called “Fiscal Cliff” — now squarely in everyone’s sights — perhaps the markets are signalling displeasure with Elizabeth Warren gaining a high-profile perch from which to pursue mega-banks (that would be a U.S. Senate seat from Massachusetts, formerly held by industry-friendly Scott Brown).
You know what?
Either that, or the markets had somehow discounted a Romney win that never came to pass.