Politics

Dow Drops 300+ After Election

Fiscal cliff blamed

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After every election it's human nature to take a moment to exhale, to reflect, to define takeaways and to never want to see another political ad as long as we live. 

Yet, after this election cycle we don't have the luxury. The Dow dropped 313 points yesterday after the election. Not because of a backlash for President Obama. No, it's because when we woke up yesterday the biggest problem in America was no longer Big Bird, the handling of the tragedy in Benghazi or Bain Capital. It became the Fiscal Cliff.