ummm no, biggest 2 day drop since 87 and largest post election decline since 1900!
Particularly this one. He’s going to raise capital gains, estate taxes should stay ~ 45% After an exemption of $3.5m. He is going to raise corporate taxes dampening dividends an profitability and no one knows what he plansd to do with IRC Section 401 paragraph k.
The market hates uncertainty. And we are certainly in a rather large state of one right now
That’s what I don’t get about all you Obama humpers, no one knows what the fuck he is going to do, yet many of you have already anointed him the best president of the last 100 years and he hasn’t served a single day yet.