Actually I DO think some of the recent downward movement of the DOW the last 2 weeks IS because of the presidential election.
I KNOW that businesses secretly behind the scenes are very worried about an Obama presidency, and what it will do to the faltering economy. These business leaders I talk to are holding everything close to the vest in public. But behind the scenes and off the record, they are very very concerned. They believe Obama’s tax and spending hikes will kill off and delay any economic recovery for years. Also very worried about the Union “free choice” act which would eliminate private union voting.
As Obama has risen in the polls the last 2 weeks, Wall Street has gotten worried about him possibly being elected.
That is a message that needs to get out there. That part of these falling stock numbers are concern over an Obama presidency.
Someone needs to get this out to Hannity and Rush Limbaugh.
Thank you for your insight.
I think Hannity has hinted about this already at the edges or maybe it was Rush. Send a copy of your post off to them. Good Luck !