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Re: wctbills post# 3853

Saturday, 09/11/2010 10:08:27 AM

Saturday, September 11, 2010 10:08:27 AM

Post# of 34471
I also think that the general markets are heading higher by the end of this year. The catalyst will be the November elections. I believe that much of the malaise right now comes from the perceived anti-business and highly unstable political environment in the US. Big money is sitting out right now because they have no idea how high their taxes are going. Corporations are sitting on mountains of cash but won't spend any on expansion because they don't know where their taxes are going, nor if current revenues are sustainable.

Irrespective of individual political views, I think most would agree that a more balanced political environment after November should help stabilize things and fuel growth.

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