Capital Commerce


October 2008


A Sell Signal on the Pentagon

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If Barack Obama is going to beef up our supposedly broken-down military if elected, then why is Wall Street suddenly down on the sector? Maybe it's because Barney Frank is talking about slashing the Pentagon's budget by 25 percent. (Efharisto to Max Boot at Commentary's blog.)

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TAGS:
Pentagon
military
Obama, Barack
2008 presidential election
Wall Street
stocks
defense spending
Frank, Barney
national security terrorism and the military

America's Phony Lost Decade

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Is America headed for a "lost decade" of meager growth like Japan suffered during its banking and real estate meltdown in the 1990s? That's the big debate right now on Wall Street. Yet, in Washington, the common wisdom holds that America is already waist deep into a lost decade, one marked by ...

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TAGS:
economy
economic growth

Treasury Secretary Jamie Dimon: Don't Raise Taxes, Obama

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Along with former Clintonite Larry Summers, JPMorgan Chase CEO Jamie Dimon seems to be getting serious attention as a possible treasury secretary if Barack Obama wins. Very serious. So what does Mr. Dimon believe about the way the world works? Here is an interesting bit from an appearance on the

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TAGS:
Dimon, Jamie
JPMorgan Chase
Obama, Barack
2008 presidential election
Treasury Department
cabinet members

After the Bailout: Is Obama Depressing the Market?

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I think it would be an absolute cheap shot to blame the falling stock market on Wall Street's sudden realization that Barack Obama will very likely be the 44th president of the United States. But is fear of a potential Obama presidency playing any role at all in the weakness? How many investors, I ...

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TAGS:
stock market
Wall Street
Obama, Barack
2008 presidential election
federal taxes
federal budget
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