Looks like Dem's are gonna win it
Thoughts on the market reaction?
Do we get a sell-off tommorow?
One thought that has been forming in the back of my head is the effect and history of the muni-bond market as dems take over. With the perception that they raise taxes does this not push the demand up in that market?
They were not affected by the Bush tax cuts that could have made them less appealing. Again would be interested to see if there is any supporting information to my thought...
They will go up, down, and sideways for quite a while....but not necessarily in that order.
I heard some dem on tv today talking about revising the Alternative
Min. Tax, that would be terrific if they did. However, they blocked the
thing in the first place when the republicans tried to do it. Sounds
like democrat logic.