The market sold off more after Obama spoke :rofl:

Seriously the reason the market's selling off is because:
- The government can't do much to stimulate the economy. More quantitative easing is a waste of money and the public hates it.
- Debt ceiling deal is BS
- Obama suggested no new solutions to the problem
- Since 1948 if GDP growth is below 2%, 2-3 months the nation goes into recession
- Europe is more fucked than we are
- Corporations like Cisco are focusing their growth in Emerging Markets(mostly Asia), not the US.
- Of the job being created in the US, the majority of them are in Retail or Food services.
- We can't cut interest rates any more
- There's no solution to address this clusterfuck
- Markets think Obama's an idiot.