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Strategies & Market Trends : Galapagos Islands
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To: Libbyt who wrote (11639)11/6/2002 9:15:48 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
I'm not making a value judgement on deficit spending or going to war. I am just saying that it is unlikely that we get any tax cuts under this particular scenario. The Tax cuts are one of the reasons being given for the bullish response to the election results. Once the market puts two and two together that we aren't going to get those tax cuts, the market will be disappointed and respond negatively.
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