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Originally Posted by gtagrip
"MarketWatch", "Wall Street Cheat Sheet", and "TheStreet" for a few examples.
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Great. What are they saying about today's sell off? Are they claiming that it's primarily because of the election results? And if so, why?
Here's what I read about today's market action: "Investors renew their focus on a looming fiscal showdown in Congress. Comments by ECB President Mario Draghi feed concerns about Europe's debt crisis." With a still divided Congress and Obama's first term not expiring until January 20 next year, the fiscal showdown happens whether or not Obama wins the election.