Big Investor Outlook Falls to 9/11 Level

[Beetwasher]

NEW YORK (Reuters) - The outlook for the U.S. economy among affluent investors polled by Chicago-based consultants Spectrem Group in May fell to the same level as it was in the aftermath of the attacks of Sept. 11, 2001.

--snip--

http://story.news.yahoo.com/news?tmpl=story&cid=568&e=4&u=/nm/financial_fund_affluent_dc

Don't worry, everythings OK!! Now back to the Reagan beautification whorefest!

[Zynx]

1. Not a good sign...

Those people tend to smarter than the average sheeple. You know, the sort who actually read (or pay someone else competent to read) the details of all the propaganda spin the government has been releasing in the guise of economic statistics.

[JM]

3. Actually...

...not atypical for investors facing Fed rate hikes AND a change in administrations...

Wall street does not like change.

JM

[Beetwasher]

4. Really?

That would justify going to POST 9/11 levels?? I don't think so...I could be wrong, but I don't think so...I agree, WS doesn't like change, but the change you mention should not be on the level of a national catastrophe in the heart of the financial district...

[JM]

7. Yeah...

...it would help if I did something like READ before I post.

Agreed, a 2000 point drop is a bit extreme for an administration change.

JM

[Beetwasher]

8. LOL!

I'm occasionally guilty of that too! ;-)

[fertilizeonarbusto]

2. Loved your tag!

And remember: one more tax cut for the fat cats would fix everything.

[thebigidea]

5. awww, but remember what Cavuto/Kudlow/etc preached?

That if we invaded Iraq, the stock market would gain 4000 points? The stock market WANTS us to invade countries.

[Francine Frensky]

6. These guys are soooo predictable

It was obvious that these reagan-obsessed neocons would jump right away into renaming everything. They can force a vote, quick, and make anyone who is against it look unpatriotic.

Honestly, now that he is dead, and once he is buried, isn't it about time that the truth about old Ronnie comes out? I say, give this two weeks and then let's start talking about reagan's foreign policy that has landed us in the trouble that we're in right now. How about giving money to Osama Bin Laden (when he was a "freedom fighter"?) How about selling weapons of mass destruction to Iraq (when they were the enemy of Iran?). Dems need to talk this up.

[central scrutinizer]

9. That's it!

That's where all those new jobs are going to come from - renaming everything after Reagan will be a huge growth industry. Every street in every town will be renamed Reagan street, so we need millions of new street signs and highway signs. Every public building will be renamed the Reagan building, so new signs and new stationery will be needed. The list is endless.