Stock market down, unemployment up, taxes up. Where are we headed?

  1. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Stock market down, unemployment up, taxes up. Where are we headed?

    The stock market is building in lower returns.  that's the primary reason why it continues to drop.

    The unemployment announcements delayed until after the election are starting to hit.  THOUSANDS of new unemployment notices going out just in the last two days.  This could be just a blip, opr more likely, start of a new trend.

    Taxes are going up on somebody, likely everybody. 16 new Obamacare taxes, repeal of the Bush tax cuts, capital gains going somewhere north of 20%

    Who in their right mind thinks this is going to end nicely?

     
  2. You have chosen to ignore posts from DamainAllen. Show DamainAllen's posts

    Re: Stock market down, unemployment up, taxes up. Where are we headed?

    Business is hedging because of the "fiscal cliff" and nothing was going to be done about it until after the election.  Now we see washinton engaging ont he issue and looking for resolution.  We all knew that was going to happen. 

    The umemployment annoucement good go either way a lsight tick up or down, analysts seem split on how the major east coast storms may impact the numbers, but regardless you can't declare a trend based on one set of data, when all the previous data shows a slow progression towards recovery. 

    The tax cuts expiring is nothing new.  Everyone knew that was upcoming when the last deal was made to extend them again for a short period of time. 

    If you are presdisposed to hysteria, then naturally you will overstate this to mean that the sky is falling.  Just has hysterical people have been predicting would happen since Nov 2008.  Look up.  See that?  Still there.  Relax. 

     
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  4. You have chosen to ignore posts from DirtyWaterLover. Show DirtyWaterLover's posts

    Re: Stock market down, unemployment up, taxes up. Where are we headed?

    The sky is falling, the sky is falling.

    The Fiscal Cliff was created by the Republicans.

     

     
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