Market Betting on a Sea Change
by Jim Cramer
This market's not just betting on health care reform failing now; it's betting on a presidential conversion to capitalism! I am not kidding.
The Anti-Obama stocks -- the banks, the natural gas stocks, the oil explorers, the health care plays -- are all acting as if the President called his council of advisers and said, "You know what, let's give people's 401(k)'s and IRA's a break and see if things go better for us." It's like he let someone from business, not politics, into his inner sanctum, and that person said, "Look, the unions will love you no matter what. Even if you diss them, they aren't going Republican, so let the 529 plans lift, and maybe we can do more stuff, have more success."
It's almost like he woke up and said, "You know most Americans I talk to own stocks, and the others would like to,...
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