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Saturday, March 7, 2009

New Poll

It is that time of the week again...time for a new poll!

This week's poll is related to the sinking stock market, a place where mine and probably your, retirement resides! Neil Cavuto, economist and managing editor of Fox Business Network (and no conservative either) says that the stock market has always predicted a winner and a loser. The stock market loved Reagan in the beginning of his term which was borne out to be true over the eight years he was in power. By contrast the stock market chose Jimmy Carter as a big loser right from the beginning, and we all know how that ended...

If you watch the market, you'll know that we have now lost the last 13 years worth of gains in just the first 45 days of Obama's presidency, or as I like to call it, Obama's Reign-of-Fear, which some will tell you, crushes the argument that the stock market will make you money over the long-term. I disagree, and still think the stock market will do well over the long-term, because I firmly believe that the problem lies with the Socialistic policies coming out of Washington NOW!

Anyway thanks for reading and participating in my poll!

Warmest Regards,
Michael

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I love comments anonymous or otherwise but, I'd like to ask for respectful comments only that do not use profanity. Plus I'd like to know how you found my blog.
Thanks,
Michael