Stock Market

Flashback: Obama SOTU -- “Stock Market Has Come Roaring Back”

Today, August 4, 2011, the world’s stock markets are crumbling. The Dow will end the day with a losing streak of nine consecutive days, a feat not seen since February 22, 1978, when Jimmy Carter was President. Back on January 25th, 2011, President Barack Obama delivered his State of the Union Address and said the economy was growing and the “stock market has come roaring back.”

Obama: “We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.”

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