But as a Wall Streeter who lost big in 1987, I get the same feeling now.
Obama is poison to the economy.
The real economy starts at the grass roots (i.e. small business)...Obama hates it because it cannot be unionized...he hates it because it cannot be nationalized or socialized.
Obama is killing the mother's milk of the economy.
Yes, the economy is like a wild horse, it wants to run and make money (well, that is an added concept)...but Obama hates it. He wants to kill it.
The world economy is based on individuality and creativity and risk...Obama hates that and believes in collectivity, and social order, and the destruction of risk.
If you want to bet on this economy...wait until there is a sea change. Wait until Obama gets his comeuppance.
You're not alone:
DOUG KASS: 'I'm Getting The Summer Of 1987 Feeling' In The Market Right Now