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Category: Forex

Now that the election is out of the way and the American public has granted President Obama another four years to attempt to sort things, we will provide our ordinary feedback, suggestions and rhetoric. The disastrous storms that rocked the Northeast willcontinue to plague residents and retailers for a while to come. The devastation caused by Hurricane Sandy has prompted widespread anguish, and the 600,000 or extra nonetheless with out energy are going through what can only be termed hell on Earth. We proceed to recommend donating what you may to the efforts of the Crimson Cross and the Salvation Army.

The latest election returning President Obama to the White House has a significant influence on the U.S. and international enterprise communities. The president and the speaker of the Home have both issued statements and any concession on both half seems unbelievable but completely essential to avoid the fiscal cliff. From the president’s point of view, people earning more than $250,000 are thought-about "millionaires and billionaires" despite the fact that most small enterprise owners fall into thatcategory. From the standpoint of the speaker, taxing those earnings will trigger further layoffs as small enterprise house owners are reluctant to hire with the added expense. A modification by the president to tax only those earning $1 million or extra on the increased rate, with most of the deductions and loopholes eliminated, might clear up the issue and get the budget passed.

We should wait and see who blinks first because to allow the Bush tax cuts to run out for all would be devastating to the U.S. economy and exacerbate an already serious labor situation. Small businesses want to be able to consider their costs to determinehiring practices.

 

Side not e Switzerland’s franc was little modified at 1.2047 per euro, after appreciating to 1.2045, the strongest degree since Sept. 12.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission

Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or Tradewins.