Obama is not only bad for stocks, but the Obama mania is bad for any other part of the US economy, US foreign policy, US Trade policy and every industry that’s still left in the United States. McCain isn’t that much better on the economy, his major mistake was admitting he wasn’t an expert on the economy, but at least he doesn’t want to implement win-fall profit taxes, higher corporate taxes and higher taxes on the people that create the jobs in America.

A lot of the problems in the economy and the stock market is the uncertainty before any election. This time it’s much worse because the economy was on a downhill slide already. Retailers have already depleted inventory and are not restocking as much because of consumer caution. The housing market has had its ripple effect, when people aren’t buying houses, they don’t need to move or buy new stuff.
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