A note: the stock market tends to reflect expectations of future cash-flows so it should, at least in theory, be a lot less sensitive to time-lags. While Obama can't be blamed for most other indicators getting worse the stock market is arguably somewhat about what he's done or promised to do.
What might he have done or promised to do that would have averted the realization of massive losses at blue-chip companies and banks?
If you read my post again you should find both that a) the implicit proposal in your post is fully compatible with what I said and b) it is not really relevant to the point I was making.
