Highly regarded political expert and real estate investing authority Bryan Ellis gave his daily update for the sixth of November, 2008:

• Two days into Barack Obama’s status as President-elect, the stock market has taken a serious beating. Nearly 1,000 points of decline on the Dow Jones Industrial Average suggest that the financial markets are, at best, unsure of the next President of the United States
• Iranian President Mahmoud Ahmadinejad offered his congratulations to Obama today. With friends like that, who needs enemies?
• The turnout at the polls for the 2008 election were statistically similar to the turnout in 2004. This does not portend as well for Democrats as possible, since clearly a large number of Republicans stayed home, and the entire popular vote differential between Obama and McCain was from atypical voters who are unlikely to be a reliable voting bloc
• The price of crude oil continues to plummet. Regular gasoline can be had for under $2 per gallon in many U.S. cities.
• Sarah Palin is as popular as ever, and everybody wants to interview her it seems. She’s laying low for now and getting some much needed rest.
• The mainstream media is showing their bias again by only now - after Obama is elected - admitting that they really know very little about him and what he stands for. Notably Tom Brokaw, who should be ashamed of himself.

“Without a doubt, Obama’s election hasn’t done anything to calm the financial markets” said Bryan Ellis.