Lost of reasons to not have faith in the US stock markets.
right on Smoothy!
only 16% of the working class had monies invested in the stock market in 1929 when it crashed and not much has changed today or since 2008 those numbers were not much better.
the stock market is meaningless to the working class in the US, it does not represent their wealth or the health of the US economy at all. if the US economy and stock market was healthy and represented anything that functions like a true free market exchange it would not have needed that 16T secret loan by the FED in 2009. 50% of the increase in the US stock indexes since the 80's were been built on mortgage debt and in 2009 that was replaced with free USDs during their credit default swaps.
Long term, meaning next week/month, the market may not be drastically affected by who the Potus is, but the market is selling off today in large part because of Obama. The market is reactionary to the slightest bump in the road which is the same reason why oil goes up $3/barrel when some Hadji in Iraq farts.