AFTER THE POTUS BHO STATE OF CONFUSION UNION AFFAIR THIS WEEK THE MARKET RESPONDS IN KIND TO HOW THE LAME DUCK YEAR WILL EVENTUALLY COME TO ROAST THE AMERICAN PEOPLE AS THE CHICKEN HAS COME A CALLING FROM THE DEMOCRATS IN POWER WITH ITS SMOKE AND MIRROR OBAMANAMICS - AS $2.3 TRILLION WENT POOF AND NET WEALTH OF $1.5 TRILLION GOES CRASHING WITH THE MARKET

The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year.
The giant companies that predominantly populate the Standard & Poor's 500 have fallen an average of 8.9% this year — which, when translated into dollars, is real money. Real big money. The S&P 500 is down 8% this year already — including another 2.2% Friday — in what's been the worst start to a year ever. Since the market peak on May 21, 2015, the market has declined 11.7%.


The biggest wealth destroyers in the S&P 500 from the high have been gadget maker Apple (AAPL), pipeline company Kinder Morgan (KMI) and corporate software company Oracle (ORCL) — crushing $218 billion, $63.5 billion and $49.8 billion in market value, respectively, from the May 21, 2015, top.

S&P 500 STOCKS THAT DESTROYED THE MOST SHAREHOLDER WEALTH FROM THE MAY 21, 2015, TOP

Company, Symbol, % lost from high, $ market value erased from the high ($ billions)
Apple, AAPL, -26%, -$218
Kinder Morgan, KMI, -69.5%, -$63.5
Oracle, ORCL, -22.8%, -$49.8
Walmart, WMT, -18.7%, -$47.3
Berkshire Hathaway, BRKA, -12.7%, -$45.6

http://www.usatoday.com/story/money/markets/2016/01/15/gone-stocks-rob-15t-investors-year/78845082/