Madigan, > Stock prices predict future economic conditions. Today's > stock market predicts what an Obama administration would do > to business.
The first point is true. Stock prices look to the future from the present. The second point is not true. The stock markets are reacting to uncertainty, not so much to the presidential election in particular. I believe we can expect the stock markets to act like yo-yo's for the next 6-12 months. There's not enough liquidity in the country's capital markets for the stock market to be predicted, and I believe the reactions we see are to the issue of whether liquidity will be injected thoughtfully or with a sledgehammer. Kristyne McDaniel http://www.kristynemcdaniel.com/blog http://www.emryldadvantage.com/ http://www.mcstyles.com/ Whether you think you can, or you think you can't.... you are right. -- Henry Ford _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
