Friday, October 10, 2008

Is it Just Me?

One week now, and no sign the bailout is working.

Is it just me, or are two factors at work which we all ought to see but don't?

1. Wall Street is conservative and Republican by nature. Are we witnessing skittishness based on a Republican President acting non-republican?

2. Are we seeing the true effect of a potential Obama presidency? The market is reacting to what effect the approach of a socialist president may have on the economy and their investments?

Keep an ear to the ground on this one, friends.

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