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  • Wall Street Breakfast: Must-Know News [View article]
    Jersey, you are quite right. For the first time we have a huge political risk that outweighs even the usual earnings risks. Political risk used to be something we only worried about if we invested in 3rd world countries. Now it is right here at home. Go to the web sites of the candidates, see what they have in mind, and calculate the damage. The very best senario is McCain wins, doesn't cave to the Dems [very much out of character], and the Bush tax cuts expire. Even that will have a depressing effect on the market, tax revenues, and the ever ballooning budget deficite.
    May 12 10:04 am |Rating: 0 0 |Link to Comment
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