If the performance of my portfolio over the last year and particularly the last quarter indicates recession, then recede away. Retirement never looked so good.
- Huge new entitlements: health care, prescription drugs, student financial aid, education (especially pre K), mortgages, telecommunications, and family leave
- Amnesty leading to open borders and a huge surge of welfare
- Dramatic tax increases on capital gains, dividends, earnings, estates, and corporations
- Energy mandates and hard limits on CO2 levels
- Further restrictions on development of oil (including refineries), natural gas, coal, and nuclear power
- Relaxation of litigation restrictions in health care, securities, and transportation
my husbands’boss apparently doubled the value of his stocks last year, and quadrupled his wifes’....I don’t know how he did it, but he did it on his own, and I think he was heavy into RIMM.