This is a recession that has hit the rich disproportionately. And now Obama is going to hand them the bill for bailing it out and feeding the poor. So while I think the market will increase, I think the improvement will be anemic for the next several years while Obama is beating up the rich.
“This is a recession that has hit the rich disproportionately.”
If the “rich” are hit disproportionately in this matter. It is their own dang fault for misreading economic conditions that set this play up. After all isn’t the “art” of getting rich and remaining rich the same as being smart and staying ahead of the game ?
At the same time, being poor and remaining poor is “one’s” own choice. Hence the reason for providing a vehicle to promote ones ambitions to rise above and learn from past mistakes.
The markets and their relative influence on society is that vehicle.
I would have to doubt that a little. The only challenge to those with money is knowing when to start snapping up cheap real estate. And, in general, it's very much a "buyer's market" for anyone with money.