“The market hates Obama’s stimulus package and just about everything related to Obamanomics,” Rich Karlgaard argued on a Forbes blog. He noted how “stocks are down 27 percent since the Nov. 4th election.” The reason, he argued, is that “private capital has no idea what future holds in terms of taxes, regulation, trade, deficits and the value of the dollar. None whatsoever.” Of course, another reason the market might be down is because we’re in a global recession.
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