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Higher? How will this make the stock market go higher? The price tag of this bill is 1.2 TRILLION and as we know, those "budgets" always go higher. People making over 500k a year are going to see their taxes sky rocket. If anything, this was the final nail in the coffin of this liquidity driven rally. Weakening dollar combined with growing and growing national deficit, combined with the most overvalued stock market known to modern man is not the recipe for a continued rally, add this new cost to the mix and I wouldn't be surprised to see the markets completely crash on this news to tell you the truth.
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
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Will this news make the markets go higher?
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texanboya | Rate it | 7-Nov-09 11:23 pm | ||
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Of course it will!
Plus, the rest of that IMF G...
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on2.victory | Rate it | 7-Nov-09 11:28 pm | ||
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More spend from the government, more taxes, more u...
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nelsonescob... | Rate it | 7-Nov-09 11:29 pm | ||
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This is verbatim from an AP article:
"In a f...
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confluence1... | Rate it | 7-Nov-09 11:43 pm | ||
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Thanks. But I am still very nervous abo...
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texanboya | Rate it | 7-Nov-09 11:47 pm | ||
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Nelson your a moron, man you have been w...
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h20polo66 | Rate it | 8-Nov-09 12:01 am | ||
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I am sitting on the sidelines for now. A trillion ...
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RamaaUmaSha... | Rate it | 7-Nov-09 11:58 pm | ||
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What did the CBO say about this Health Bill? ...
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h20polo66 | Rate it | 8-Nov-09 12:06 am | ||
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i wouldnt want to be owning any health care or ins...
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cwtripps | Rate it | 8-Nov-09 12:06 am | ||
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I wouldn't want to be a Liberal Democrat that...
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gatordogz | Rate it | 8-Nov-09 12:16 am | ||
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bottom line if you read the bill they ar...
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cwtripps | Rate it | 8-Nov-09 12:18 am | ||
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There were better ways to provide h...
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gatordogz | Rate it | 8-Nov-09 12:50 am | ||
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I missed the right to health insura...
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verdo131 | Rate it | 8-Nov-09 03:47 am | ||
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My original question was: Will this news make the ...
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texanboya | Rate it | 8-Nov-09 12:25 am | ||
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Higher... short term huge .. for employers a...
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verdo131 | Rate it | 8-Nov-09 03:59 am | ||
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Do you think that sick people with cancer OR SERIO...
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skrwlnt14 | Rate it | 8-Nov-09 12:35 am | ||
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So, why are you hanging out on financial mess...
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mahalouf | Rate it | 8-Nov-09 12:50 am | ||
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Good news...Health Bill. Buy Big Blue Ch...
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verdo131 | Rate it | 8-Nov-09 03:41 am | ||
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Re: Health care bill passes the house
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sofamatte | Not rated | 8-Nov-09 04:59 am | ||
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You must out of your mind. The market will do...
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ntudor_2000
Online Now
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Rate it | 8-Nov-09 08:31 am | ||
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On one hand people are talking about much higher u...
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texanboya | Rate it | 8-Nov-09 10:51 am | ||
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HEALTHCARE BILL = BLACK MONDAY !
BLACK MON...
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grizz6505 | Rate it | 8-Nov-09 11:42 am |
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