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Thursday, August 11, 2011

Next Week (Obama Vacation) Good For Market?

With the market down over 500 points in three of the last five trading sessions (before today), in most cases a reaction to Obama's not-so-soothing words, I can't help but wonder if Obama's absence from tv sets for a while will help the market.

Let's face the facts - Obama is a disaster to the market and all for-profit businesses. If he disappears, I think the market will (if only momentarily) forget about Obama and his destruction and might even cheer. Another reason I've always been in favor of him getting in as much golf and vacation time as possible.