NEW YORK — The election of Barack Obama offered the promise of a new set of fixes for the financial crisis and the economy, a do-over that might help nurse the stock market back to health.
Since then, the market hasn’t just gotten worse — it’s turned in its worst performance ever for a new president.
The Dow Jones industrial average has fallen 21 percent during Obama’s first seven weeks in office. Count back to Election Day and the results are even bleaker: That afternoon, the Dow closed at 9,625. Now it stands at 6,547, a loss of 32 percent.
http://seattletimes.nwsource.com/html/businesstechnology/2008833666_stocksobama10.html
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