Tuesday, February 17, 2009

Investors give vote of no confidence in Obama

The stock market is prepared to open dramatically lower this morning, as investors see no hope in the economic stimulus plan to be signed by President Obama today.

New lows will be established on all the indices, futures now show.

Meanwhile, the price of gold is skyrocketing, as a hedge against the bad times in stocks and the inflation that will be triggered by the new round of extra-ordinary government spending.

No comments: