Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: microgood
The stock market is a leading indicator, a forecast of what is to come. I think this market reflects a lack of confidence in the present leadership to deal effectively with the crisis and a belief an Obama administration would just make it worse by raising taxes and tariffs.
20 posted on 10/10/2008 12:27:05 PM PDT by colorado tanker ("I just LOVE clinging to my guns and my religion!!!!" - Sarah Palin)
[ Post Reply | Private Reply | To 17 | View Replies ]


To: colorado tanker
The stock market is a leading indicator, a forecast of what is to come. I think this market reflects a lack of confidence in the present leadership to deal effectively with the crisis and a belief an Obama administration would just make it worse by raising taxes and tariffs.

It could, but the race is so close I cannot imagine they think Obama is a shoe-in yet. This week I think this week is mainly panic selling anyway, buying high and selling low.
21 posted on 10/10/2008 1:07:19 PM PDT by microgood
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson