Wednesday, February 20, 2013

Sequestration and the soaring stock market

This may sound like strange bedfellows but I do not think it is coincidental that the looming sequestration on March 1st and the current soaring of the stock market are not linked.

In my opinion the dire effects of sequestration, as outlined by the President yesterday, will open doors for new labor union contracts and innovative investors. It is no secret there are investors who can smell a dollar miles away. I do not know how they do it but I think now is such a time.

The GOP will get a big heaping of their constantly calling for a smaller government.  The government can then shake its fanny saying, "How do you like me now?" The GOP will surely have their wish come true with a  smaller government after the sequestration goes into effect and the money starts pouring in. We'll see.

As always,
BB

Stock market soars
By Ben Roberts
Excerpt:
The Dow stock market index closed above 14,000 Friday for the first time since before the financial crisis rocked the world economy. It hit that milestone for the first time since October 2007.
Read more at:
http://www.walb.com/story/20939934/stock-market-soars

0 Comments:

Post a Comment

<< Home