January 14, 2008
So, What Is It That Scares Investors Most?
The answer isn't surprising: it's a Democrat in the White House:
The fourth-quarter edition of the Brinker Barometer, which polled 236 advisers in December, found that 22% indicated that a "Democrat in the White House" worried them more than all other economic or geopolitical concerns.Rounding out the list of concerns was "global unrest" (15%), "U.S. economic growth" (15%), "a terrorist attack" (13%) and "a recession" (13%).
When asked what their greatest tax concern would be under a Democratic administration, 81% of advisers cited a potential increase in the capital gains tax, an income tax increase and heavier taxes on dividends.
I am impressed, however, that the fear of a Democratic President beat out the fear of a recession or a terrorist attack.
Posted by: Attila Girl at
01:34 PM
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