USA two-year extension of the Bush tax cuts.

Just consider this:

Payroll tax deduction will save businesses $120 billion in 2011.


Renewal of emergency unemployment benefits puts $60 billion in the hands of unemployed Americans.


ARRA tax-cut extensions will hand Americans $20 billion.


The full expensing of business investment in 2011 will reduce corporate taxes by $100 billion.

Total : USD300 Billion.


The Next Two Weeks Could Be Our Biggest of the Year

Why? Just think about the following…

Congress and the White House will work out all the nitty-gritty details over the next two weeks. Just the prospect of a solid "yes" vote before Christmas will send stocks much higher in the next two weeks.


Thanks to the passage of the new tax cuts, brokerage analysts will be tripping over themselves to raise their earnings estimates for 2011, which will give stocks another shot in the arm.


Goldman Sachs is already expecting the S&P 500’s price/earnings multiple to swell to 13.9X. But historically, periods of 1% to 2% inflation—like now—have led to a 20X average multiple. So, even my rose-colored glasses might not be rosy enough!