Posted on 11/12/2012 6:29:59 PM PST by entropy12
The Financial Markets Have Yet To Begin Factoring In What Lies Ahead
The stock market may have found a temporary bottom as investors try to step away from the election and focus on the economy. The problem is that despite the election being over, the two dynamics are more interdependent now than they were before the Obama wins.
The really big picture is that daily life and the financial markets are now becoming one single entity. The days where markets were focused on factoring in the future are now past, at least for now. And making matters worse, we don't see any evidence that the market has quite caught up to reality fully yet.
What few seem to understand is that the United States is now a truly divided country. Republicans are not happy about the outcome of the election. They aren't sure why they lost, but they know that they lost because of something that they did. The question is whether they want to change their ways or dig in further while they try to convert larger numbers into joining their ranks, or whether they want to explore totally different avenues of adjusting to the new reality of their lives, higher taxes, government mandates, and a centrally run economy.
Interestingly, few Democrats are truly giddy. They won the election. But now they truly hold the country's future in their hands. A large portion of the public truly believes that Democrat policies will right the ship. They might. And yet they might not. So now it's all real. The pressure is really on. The Democrats are on their own. Few Republicans will help them. The divisions will widen.
(Excerpt) Read more at decisionpoint.com ...
They won't. They never have. And they never will.
Conservatism is the only remedy, and the only remedy that has never been truly tried.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.