Tuesday, March 3, 2009

If Obama announced tomorrow that he was cutting the corporate tax rate from 35% to 15%, and lowering each individual tax bracket by 5%, it is very likely the market would jump at least 2,000 points within a week. Tax cuts mean more jobs and more money to purchase goods and services, all of which serve as the primary engine of our economy. Americans will not spend if they are not confident, and spending will only occur when America has jobs and money. An emotional rollercoaster fueled by emotion carrying stocks are not about to crash, but more dips and spikes are sure to arise unexpected.

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