B.O. Elected, Stock Market Dives
November 06, 2008 | filed in: Politics
The day after B.O. was elected, the Dow Jones
Industrial Average fell more than 5%. That's 5% in
one day.
So much for the idea that Wall Street is excited about the Messiah's economic policies. It's finally dawning on everybody that he wants to raise taxes on capital gains and dividends, which immediate decreases the stock values.
I'm glad I'm in commercial real estate.
So much for the idea that Wall Street is excited about the Messiah's economic policies. It's finally dawning on everybody that he wants to raise taxes on capital gains and dividends, which immediate decreases the stock values.
I'm glad I'm in commercial real estate.

