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  1. #1 What Does the Sequester Mean for Investors? 
    Retread
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    Default 03-04-2013, 11:49 PM
    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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  2. #2  
    SarasotaRepub
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    Default 03-05-2013, 12:06 AM
    OMG!!! The market went down a billion points...right????
    May the FORCE be with you!
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    Rockntractor
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    Default 03-05-2013, 12:08 AM
    Quote Originally Posted by Retread View Post
    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.
    it means 85 billion dollars released to the private sector rather than to be squandered by government.
    Pffffffffffffffffffffff! Buh Bye Big Ears
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    marv
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    Default 03-05-2013, 11:26 AM
    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!

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    linda22003
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    Default 03-05-2013, 12:07 PM
    The market is certainly happy today, whatever the reason. That means I'm happy too. ;)
    "Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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  6. #6  
    PeterS
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    Default 03-05-2013, 05:50 PM
    Quote Originally Posted by Rockntractor View Post
    it means 85 billion dollars released to the private sector rather than to be squandered by government.
    Only if the government was running a surplus. Are we running a surplus?
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    Rockntractor
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    Default 03-05-2013, 06:25 PM
    Quote Originally Posted by PeterS View Post
    Only if the government was running a surplus. Are we running a surplus?
    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.
    Pffffffffffffffffffffff! Buh Bye Big Ears
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  8. #8  
    Retread
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    Default 03-06-2013, 01:03 AM
    The market was totally flabbergasted today!!

    Dow closes at record high
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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