Saturday, July 30, 2011

Thoughts

Bargains have begun to emerge.



Thinking optimistically, it is quite possible, with the pressures by conservative Republicans being placed on their own party and on the opposing party, that more meaningful budget cuts might be enacted than if the Democrats more directly controlled the decision-making process.

Even though forced by a vocal Republican minority, addressing the long-term fiscal imbalances should be considered a longer-term market positive.