Steve in Greensboro

How the Copenhagen Climate Treaty Will Affect Equity Markets

On Oct 21 09:50 AM Ferdinand E. Banks wrote: "....the next president is NOT going to withdraw from that silly treaty because politically it would be the wrong move. The wrong move for him. that is...."

If you want to get a read on where the U.S. voter is on the fantasy of global warming, go to rasmussenreports.com and search on "climate change". Here are the headlines.

--29% Say Americans Selfish For Putting Economy Ahead of Global Warming (47% reject this idea).

--56% Don’t Want To Pay More To Fight Global Warming

--42% Say Climate Change Bill Will Hurt The Economy (19% think it will help)

The U.S. voter is overwhelmingly opposed to this global warming nonsense and will become more so if the Leftists actually do anything other than talk about it.

Politically it would be the right move for the next president, except if he is looking for a Nobel Peace prize.

How the Copenhagen Climate Treaty Will Affect Equity Markets

The obsession of the American Left with the fantasy of global warming is resulting in us signing a mutual economic suicide pact with the EU. Hopefully, the next president will simply withdraw from this treaty.

Friday Roundup: Running on Empty

Thanks, Mr. Fry. I am a big fan, follow you religiously (and am not flogging a stupid website).

Looks like a big head and shoulders in SPY. That, plus the fundamentals, plus the summer season means that we should not go long U.S. equities.