January 14, 2008
So, What Is It That Scares Investors Most?
The answer isn't surprising: it's a Democrat in the White House:
Comments are disabled.
Post is locked.
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
| Comments (1)
| Add Comment
Post contains 139 words, total size 1 kb.
1
One thing that scares me is the prospective crippling of the electric power industry. Litigation makes it very difficult to build anything at all, and many "progressives" seem hostile to the whole idea of energy.
If we wind up with a crisis in generation/transmission, there isn't going to be any quick way out, because of the long leadtimes that are involved even when people aren't throwing sand in the gears. People like John Edwards, of couse, will be able to run their houses on private diesel generators, but that will be of little comfort to those who are suffering blackouts and 3X electricity bills and who are losing their jobs because factories can't compete given their own power bills.
Posted by: david foster at January 15, 2008 08:59 AM (SpkYG)
24kb generated in CPU 0.02, elapsed 0.1352 seconds.
209 queries taking 0.1255 seconds, 458 records returned.
Powered by Minx 1.1.6c-pink.
209 queries taking 0.1255 seconds, 458 records returned.
Powered by Minx 1.1.6c-pink.
