RE: GQ and the impending doom
Impending Doom ?..............FORGED ABOUD IT.......lol
Big Money in the US is waiting to see the long over-due federal budget.
If they try to balance it with tax increases, the market will get clobbered.
However. If spending cuts are the main ingredient in the process, and
the cuts are seen as being meaningful over the long term..........well hang on to your hat !!
There are trillions of dollars sitting in the wings that will virtually attack this market
if given the right signals. This in itself will kick-start the economy, as there is no greater generator
of wealth than a booming market. Just look back to the 1990's when from 1994 to 2000
the dow-jones tripled. It made Clinton look like a genious, with balanced budgets a
booming economy and low unemployment.
Let's hope and pray that those bozos in Washington have the brains to
bring down the right kind of a budget.
" From my cold dead hands "...........DB-2