Ummm, did someone not mention to the rest of the world that Obama was going to win? The market's treating it like some kind of huge surprise or something. I guess most folks don't hope to read the real dope on Slope. Nope.
Here's what I expect over the next four years:
- A deflationary depression
- Surging unemployment (and a ballooning suicide rate)
- A massive increase in taxes
- An elimination of the benefits of the capital gains tax
- At least one assassination of a well-known corporate leader (past or current)
- The imprisonment of at least a dozen major corporate leaders
- A Dow pushing toward 4,000
- The launch of the Tim Knight Cheerful Therapy franchise
So today's nearly 500 point ass-kick was a tremor of the things to come.
Big freakin' surprise. Sheesh.
