Thursday, October 09, 2008

The real reason the market is tanking?

From G. Thomas Fitzpatrick of Recta Ratio...

Maybe not all of this sell-off in the US and global markets is because of the latest banking crisis.

Maybe investors are freaked out at the increasingly likely prospect of an Obama Presidency. Maybe they are selling anything they can because they know the policies this fellow, with a Democrat Congress to help him enact legislation, will not be one bit good for investors.

Ora Pro Nobis

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