Why The Stock Markets Are Collapsing
by Mike on Mar.11, 2009, under Political
There is an excellent article by Gary Halbert at Investorinsight.com from which I copied the title of this note. He details the following items and how they are killing investor investor enthusiasm for stocks and therefore killing the market:
- The Economy Continues To Slump Badly
- US Stock Markets Continue To Plunge
- Obama’s Multi-Trillion Dollar Spending Spree
- Obama’s Budget – The First $2 TRILLION Deficit?
- Obama’s Plan To Nationalize Health Care This Year
- Obama’s “Cap-and-Trade” Environmental Proposal
- Conclusions – Why The Stock Markets Are Collapsing
Unfortunately, some of this reads like our administration is the Keystone Kops, but that is the government we voted in. As someone once said, we get the government we deserve.