1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Stocks have worst performance since 2001

Discussion in 'Economics and Financials' started by padre31, Aug 31, 2010.

  1. padre31

    padre31 Premium Member Luxury Box

    99,377
    37,301
    0
    Nov 22, 2007
    inching to 100k posts
    http://online.wsj.com/article/SB100...8596.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

    Totally predictable, the real hazard here is the Political Economies decisions in the next couple of weeks, "if" the Tax Increases on 1/11 remain as law, then the Stock Market will see either a rapid sell off and a flight to Quality and Dividends, or we could see a "Chinese reacquire Hong Kong" scenario wherein the fears are overblown and the market has already absorbed the coming tax increases.

    Which is sort of playing "Investment Chicken" some will sell early to lock in profits, some will try and flip shares up until the last moment to retroactively then claim Bush Era tax rates on gains.

    Either way, high stakes poker at the Casino on Wall and Broad...
     

Share This Page