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Wednesday, February 27, 2008

The Democrat Bear Market In Motion

The stock market has been at pretty low levels for a few months now for a variety of reasons. One interesting note is that analysts who research stocks are now reflecting anti-business , anti-growth Democrat policy changes into their overall valuations of companies. Take for example this note, pulled from an analyst research report on a particular stock:

"The risk of higher corporate income taxes, higher dividend taxes, higher capital gains taxes, and higher income taxes for individuals making more than $100,000/year, in combination with new government regulation, a more-fertile climate for trial lawyers, and a generally anti-business climate, we believe adds a significant risk to the U.S. and indeed ultimately the whole world economy, and it has already started to depress stock prices such as that of..."

Up until now, these issues were in the back of investors' minds, but with each passing day, analysts are beginning to realize the potentially damaging effects of a Democrat in the White House. (And that is without mentioning Obama's statement about ExxonMobil having to "give up its profits.")