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Is it a safe bet to sell if Cap and Trade passes?
Or what if health care passes? My guess is the stocks will react negatively to these policies. Save for GE and Goldman Sachs.
What say you?
4 Answers
- gatzapLv 51 decade agoFavorite Answer
What does government do more efficiently than private enterprise? WalMart is even getting on board the health care because it will really hurt small businesses. There is a lot of smoke and mirrors going on now. I see it in the futures some days. With the rising unemployment the economic demand gets weaker, sales are less likely to go up, thus profits are stifled. Higher taxes on corporations may drive some to relocate overseas. The top personal tax rate in France is 43%. With Obama's plans it would be 55% here. Nothing in any of this to stimulate recovery. Unless things work pretty quickly now this market rise will be nothing but another government induced bubble to burst.
- DannyLv 61 decade ago
Just a few companies that reported their numbers had some real increases in profit. Caution, all that is not what it appears to be. Health-care will impact the next generation with a tax burden.
Why didn't I think of the artwork to the gray man? Funny.
- rishelLv 44 years ago
To all that voted for Cap and tax it became into reported. After looking on the domicile debate and next passage of Cap and commerce against all human beings and the Republican option to it i've got faith with each ounce of my being that could reason any questioning real freedom loving American stand against the Anti American Waxman bill… i'm hoping you're attentive to the strain of and could the recommended American inhabitants has. i'm so ashamed that i individually voted Democratic for the period of the Obama Election yet to have you ever connect in on their vote would be remembered pal. Like a lot of human beings i became into excited approximately President Obama’s form somewhat than what we've become. He led me individually to have faith that selection became into an entire different animal than what he had in innovations. i will inform you for a actuality which you is basically no longer re-elected in view which you supported law remotely like what Minority chief John Boehner examine on the 300 internet site night amendments to Cap and Tax, Cap and adjust, Cap and administration, Cap and ruin united states of america of america. I even have an entire new and deserved understand for a gutsy American which could stand in comparison New worldwide Order time table interior the so-referred to as Cap and commerce bill. even if in case you don’t have faith this to be New worldwide Order time table because of the fact of your man or woman lack of information of it please see it for the Anti Freedom Anti American time table that it is. i'm so afraid for this “replace” the Obama controllers are bringing to American life. it is my earnest prayer as I even have leukemia that i won't be able to stay long adequate to work out “That Day” you and Democrates all take know come to certainty. you would be judged via your works friends.
- dnldslkLv 71 decade ago
No. IMO the general market wouldn't react to such news although specific stocks and sectors might react. No matter what the gov does, there will be winners and losers.