Granted most of the points are valid. However, gridlock will be good, not bad for stocks. Also, it is hard to say too many people are too bullish when all you get are a steady stream of negative reports and warnings of a coming crash. Doesn’t this article itself belie that point in and of itself?
Really? Gridlock will ensure that taxes will in fact go way up, that the health “reform” moves forward, that the death tax comes back at the 50% level. That our entitlements will explode and bankrupt us. And on and on. Not such a good thing for stocks.