Quote:
Originally posted by slavdogg
wrong Kerry winning would have tanked the market in the short term.
uncertinty would push the stocks lower tomorrow,
but as it stands it looks like Bush is the winner and that should push the stocks higher. On top of that oil is bellow $50, thats an added bonus
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The Australian stock market is a great indicator for US trends, and today, we had massive gains when Bush was ahead 47 votes, this being right before trading ended.
Great for Australia, not for America. If the Bush family makes this their third time around, the following will probably happen:
Unemployment will skyrocket.
The Greenback will plunge in comparison to other currencies.
Gasoline will soon cost you $3 - $4 a gallon.
Your trade deficit will be more than is physically possible to service.
Soldiers will continue to die in record numbers.
Oh wait, this is already happening right now... I wonder how much worse it can be?