Stock market is cyclical. 1999-2000 – dot.com Bubble. 2001-2003 – dot.com and post 9/11 crashes. 2005-2007 – bull market. 2008-2009 crash down. 2011-2012 – bull market. We’re due for some down action, it’s not the end of the world unless you believe in Mayan y2k nonsense.
Personally, I think that neither candidate was the Messiah nor ‘ol Scratch, so the current sell-off is unjustified. But bears always find a reason to roar.