Sunday, October 29, 2006

How would the DOW react to the election...

I think the election will be a mixed bag and I think that will be a good thing. Of course, the DOW is at an all time high and naturally can look for a slowdown next year. I just think that the DJI hates insecurity and radical moves. It is not likely any radical moves will happen, with the exception that Bush's tax cuts won't become permanent. That might cause a ding in the DOW, however in reality those rich people may not even miss the extra money they pay! Hopefully, any tax cuts for the middle class (if there were any), will be made permanent. The middle class is being squeezed and every extra dollar is one they can invest.

0 Comments:

Post a Comment

<< Home