Thursday, November 15, 2012

President Obama Is Why Investors Aren’t Buying Stocks: Schoenberger

Yahoo Finance ^ | November 15, 2012 | Jeff Macke

"President Obama; that's why people aren't buying stocks," says Todd Schoenberger, managing principal at The BlackBay Group.
1. Companies aren't going to hire with the increased expenses associated with Obamacare
2. People aren't going to have money for discretionary spending when taxes going up for the 1%
3. Small business owners won't expand
4. Higher tax rates for individuals making over $250,000 a year will result in a general lack of ambition.
(Excerpt) Read more at finance.yahoo.com ...

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