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Extending The Bush Tax Cut?

Written by A Forex View From Afar on Thursday, February 14, 2008

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NY Times provides us with a chart showing the consequences of extending President Bush's Tax cut, how some Presidential Candidates are saying.

extending the Bush Tax Cut, Forex, Stocks

4.3$ Trillion by 2018 to a Budget already running huge deficits will certainly have a big drag over time.
Hopefully Presidential Candidates don't actually want to extend this the Tax Cut...

Source:
NY Times: The Bag of Tricks Is Almost Empty

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There is a constant question from some traders as to why anybody would ever need to consider the ‘F’ word when trading. Fundamentals: what is so damaging at looking at both Technical charts and having a Fundamental filter to gauge how many Lots to put on? Why is it that accepting that Technicals give us price points to trade, but Fundamentals determine the direction that we travel is so difficult for some traders to accept? Without a Fundamental Filter very few pure Technical traders would have seen this Dollar move coming today.

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