The Political Drag Is Real
This time you really can blame the politicians. It's not an alibi. It's a reality. While I don't like to hear from companies that they missed the quarter because of European weakness or the coming fiscal cliff or the slowdown in China, it has become pretty darned obvious and glaring this reporting period that it's the politicians who stand in the way of earnings growth that can drive markets higher.
The disgusting thing about it all is that the politicians could not care less. It's almost as if the whole world has turned left and the last thing the pols want to think about is the possibility that business may be hurt by their policies....463 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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