November 7, 2012

Our economic recovery

From CNBC:
Why Stocks May Keep Falling: 'The Sugar High Will End'
Investors cast their own vote on the presidential race Wednesday, and the result was a landslide rout that could have lasting repercussions beyond Tuesday's results.

A day after President Barack Obama stormed past Republican challenger Mitt Romney, the stock market sent a clear message: There's still a lot more to do than win a campaign.

Market experts said a confluence of factors are poised to make for a difficult environment that could last well into 2013, which traditionally would be a slow year outside of all the present headwinds.

Theories abounded on why the market tumbled. They ranged from worries over the "fiscal cliff" of tax increases and spending cuts, as well as troubles in Europe, a slowdown in the U.S. and questions over the efficiency and effects of Federal Reserve policy.
It will be an interesting four years. Posted by DaveH at November 7, 2012 3:18 PM
Comments
Post a comment









Remember personal info?