Zekeko

The Honeymoon Is Over: Gauging the Market with an Obama Presidency

" suspension of any campaign promises to raise capital gains is absolutely necessary in a time of great economic crisis. If you want to shear a sheep, you better feed it and allow it to grow first. Wall Street is starving for stability and news of real encouragement to create an underlying bid in the market. Any potential tax raising is detrimental to economic recovery.

While the future of Main Street and Wall Street are inexorably tied like a perpetual loop, punitive decision making such as taxes will only curtail private capital injections and increase the liability of government bailouts to maintain liquidity in the markets and underlying economies of the world."



That was a positive panel of economists we saw in yesterdays conference. I think with a jump in the market they know that Obama is not out to ruin the stock market and will most likely be a moderate when it comes to our economy.

But as quoted if you want to shear that sheep you better feed the street first and give them want they want or there wont be any taxes to tax back!