President Pretentiousness knows that the market will not be “allowed” to crash while he is office. This is the most manipulated market in history.
If Hill gets elected, we maybe safe for a while.
If a Repub is elected I’m pulling out of the market.
Please pardon my cynical nature.
a market failure may be exactly what obama needs for “comprehensive retirement reform”, the first step of which is to confiscate several trillions of dollars in “unapproved” retirement funds.
“Please pardon my cynical nature”
No need.
I have long thought that the reason the Republicans threw the last two elections (yes, gave it away) was for the reasons you allude to, namely, as long as a Dem is in power, the market will maintain its bullish stature.
If a Republican gets in, it’s good-bye Charlie. A market crash (maybe the dollar as well) that we’ll not recover from.
They figure that losing and living the high life is better than scoring a victory and struggling.