Not much.
If the cuts are not reversed, we see the sequestration as a modest negative for the economy and, to some extent, stocks over the next three to six months.
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Not much.
If the cuts are not reversed, we see the sequestration as a modest negative for the economy and, to some extent, stocks over the next three to six months.
OMG!!! The market went down a billion points...right???? :biggrin-new:
it means 85 billion dollars released to the private sector rather than to be squandered by government.Quote:
Originally Posted by Retread
In the overall scheme of economic things, not a whole heck of a lot. But politically, maybe a lot. president hussein lost a battle, and now needs excuses. But the Republicans, specifically John Boehner, didn't cave! :applause:
The market is certainly happy today, whatever the reason. That means I'm happy too. ;)
Only if the government was running a surplus. Are we running a surplus?Quote:
Originally Posted by Rockntractor
The government does not produce wealth, less money spent by the government means more money for the economy, for you that would mean more drugs.Quote:
Originally Posted by PeterS
The market was totally flabbergasted today!!
Dow closes at record high