tag:blogger.com,1999:blog-6616959642391988608.post5145185984795607421..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Global equities seesaw -- and exaggerateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-87225151847837936542008-10-27T09:46:00.000-07:002008-10-27T09:46:00.000-07:00I've made numerous posts on this subject, and I ag...I've made numerous posts on this subject, and I agree that Obama fear is definitely playing a role in this financial panic.<BR/><BR/>Yet I can't help but think that a) Obama won't be able to do all the things he would like to do, and b) markets seem to have priced in a pretty disastrous scenario regardless.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68324950500350962222008-10-27T09:36:00.000-07:002008-10-27T09:36:00.000-07:00Creat point. But I’m then led to wonder what’s rea...Creat point. But I’m then led to wonder what’s really behind the overreaction?<BR/><BR/>My guess is that it is a combination of uncertainty about the upcoming election; a fear that even with that uncertainty all signs are pointing to an Obama tax-happy administration along with an unrestrained congress (no checks in place from the opposing party); with a bit of MSM bias thrown in for good measureAnonymousnoreply@blogger.com