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Dow Drops More Than 500 Points

Debating with the enemy


 
 
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Old 08-05-2011, 11:34 PM   #11
FRPLG
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Re: Dow Drops More Than 500 Points

Quote:
Originally Posted by saden1 View Post
Not this.

Mere opinions may support your statements but facts do not. Increase in liquid assets is not indicative of presidential policies but economic climate (life long dictator being in charge not withstanding). For one thing, no one is lending. What is a business to do when it can't borrow and the market is shrinking? Save money in order to meet future accounts payable obligations. Secondly, corporate liquid assets has been increasing for decades and long before Obama.

Let's put facts into the picture and watch this shall we?
Jun 23: Back it with cash - short view - markets - FT.com
So you don't believe the business community in general is essentially afraid of the administration?

or that it doesn't matter?
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