We just had the worse sell off ever after a presidential election. I think the markets are speaking pretty clearly about what they expect from a Obama administration.
Those in the market can only hope that Obama doesn’t plan to raise taxes as he proposed in his campaign. That may be a good bet because his record of adherence to his promises isn’t really good.
Absolutely no one can say with any certainty what an Obama presidency may bring. His record is thin, too thin, to make to have idea what the next four years may bring. Too thin, for any man running for potus imo.
I have never been more worried about this country’s future. When the euphoria of his election passes and the reality of having a man of scant or no executive experience in charge settles in, folks may regret this mistake, much like voters in Illinois did after electing Carole Mosley-Brown the first black women US Senator. She also had little or no experience but was swept into office only to become an embarrassment and abject failure.
The future is not bright. The future is now murkier than ever not only economically but geopolitically.
