The Conservative Cave
Current Events => Economics => Topic started by: JohnnyReb on June 09, 2010, 10:28:53 AM
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Stock prices were rising when I looked a few minutes ago (DOW). Could it be that business sees a conservative swing in yesterdays primaries as a good sign? If that helps the general economy, is that going to be good or bad for conservatives in this falls elections?
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Stock prices were rising when I looked a few minutes ago (DOW). Could it be that business sees a conservative swing in yesterdays primaries as a good sign? If that helps the general economy, is that going to be good or bad for conservatives in this falls elections?
I'm just glad it's going up. The past few weeks have been brutal.
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The stock market tends to be more volatile in the summer, like it has been recently.
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I look for it to go mostly sideways which would be much more acceptable than a double dipper. Little growth cause business are not going to expand with increased taxes hanging over their heads in the form of health care and the possibility of cap and tax and VAT being passed. Traders in the stock market love volatility; business owners hate it.