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Tuesday, December 7, 2010

what does this mean?

President Obama announced Monday that he will extend the Bush-era tax cuts, including for persons in the upper bracket. The tentative plan will extend the tax cuts for two years, and in turn, the president gains additional support for unemployment benefits and other proposals to assist the middle class. The deal still needs approval of Congressional Democrats.

 

It mean every one has extra money to spend.  also we have QE2 for government.  market will go up and down. but uptrend will be hold as well.

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