THE SUGAR HIGH WILL END!! Stock Market at Risk of Losing 2,000 Points Within the Next Few Weeks

(Before It's News)

from Investment Watch Blog:

Former house majority leader Gephardt warns of a possible 2,000-point drop in market within the next few weeks with bad news coming out from congress

There is some risk that the public could hear some “histrionics” from Democrats and Republicans playing to their bases as Congress works on spending cuts and tax reform, all of which could severely unsettle the markets, the former House majority leader said Wednesday.

“If it looks like that is happening you could have a couple really bad days on Wall Street,” said Dick Gephardt, the top Democrat in the upper chamber between 1989 and 1995 at an event hosted by National Journal magazine. “You could have the markets drop by 1,000 or 2,000 points.” (The event was titled “The Day After: The 2012 Election Debrief.”)

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