Good article from Matthew Frankel from Seeking Alpha. Says everything we've been talking about on this board. Hostorically low PE, double digit growth opportunity over the next several years, etc. If we could just shake the political morass in DC we'd be off to the races.
We've got a government that is redistributing our children's future wealth to today's lower income class. Take from the future, by borrowing today, and give it to the current population at a tune of about a trillion dollars a year. I'm going the shield every dollar I can from the tax man because I'm not going to pay for it. Perhaps I can shield most of my kids inheritance as well so they don't have to pay for it either. Watch for Obama to suggest a VAT or national sales tax next. He needs more, more, more and he can't get it from just the rich folks. They'll adapt and stay one step ahead because they can afford to pay smart people to save them money. If the Democrats win the House in 2014 watch for huge tax and spending increases. Boehner for now has to stay the course.
You are right rich,there are lot articles being written about Cat,and they are all promising,it really looks good for cat.And I agree about the political aspects.We really need the politicians to make things work for this country and the world.This just may be year of the cat.