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MORE RECENT THINKING ABOUT THE UP COMING U.S. ELECTION

MORE RECENT THINKING ABOUT THE UP COMING U.S. ELECTION

I believe that it is close to certain that the Democrats will control the House of Representatives and a liberal member of their group will take over as Speaker and House Majority Leader. Consequently, I will not be surprised to see: 1. Calls for higher income taxes. 2. Legislation to create lower prices for prescription drugs. 3. Specific taxes on the corporate profits of larger companies like Exxon-Mobil and Wal-Mart. 4. More restrictive trade practices.

In 2008, the presidency is contested. As part of the Democrats desire to secure that . . .
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THE WORLD IS IN FLUX

THE WORLD IS IN FLUX

It is turning out to be a transition that we understand and enjoy. However, at times periods of flux can prove challenging. The crystal ball is not cloudy but the market is excellent at teaching us that there are always reasons to be humble. As the ancients said, “pride cometh before the fall”.

The November elections approach in the U.S. Part of an investment manager’s job is to see that the possible outcomes of any major change like an election, new legislation, political risks and rewards are well thought out.

IF THE DEMOCRATS MAKE . . .
Continue Reading: THE WORLD IS IN FLUX

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