Remember in early March when all the Obama critics were saying that the stock market was rendering its judgment on Obama’s economic policies when it was down? it was all Obama’s fault. Once he was elected inaugurated, the market tanked, they said, blaming his policies.
Well, as of today, the S&P stock index is up almost 13% since Obama was elected inaugurated, and the NASDAQ, the tech-heavy index, is up 22% since Obama was elected January 20.
So I guess the market is rendering its judgment that his policies are working!