Wall Street’s negative reaction to Obama is nothing new. Ever since Election Day, Obama’s words have failed to inspire investors. “When the President speaks, the market listens … and crumbles,” said Family Research Council chief Tony Perkins, who outlined the following pattern of the Dow’s drop after notable Obama addresses:

• Nov. 5, 2008 (Wednesday after Election Day): -486 (5.0%)
• Jan. 9, 2009 (one day after Obama speaks at George Mason University on “need” for $800 billion stimulus package): -143 (1.6%)
• Jan. 20, 2009 (Inauguration Day): -332 (4.0%)
• Feb. 10, 2009 (one day after Obama declares that without a stimulus, “an economy that is already in crisis will be faced with a catastrophe”): -382 (4.6%)
• Feb. 17, 2009 (market opens for the first time after Congress passes $787 billion stimulus on Feb. 13; Obama signs bill into law, declaring, “The stimulus lets Americans claim destiny.”): -298 (3.8%)
• Feb. 19, 2009 (one day after Obama announces potential mortgage relief plan): -90 (1.2%)
• Feb. 25, 2009 (one day after Obama’s first speech to the full Congress): -80 (1.1%)