Cavuto: Free Markets Turning Against History

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Governments rule, markets drool.

Here’s the deal:

If you want to rev 'em up, back 'em up.

Because the more governments do for free markets, the more free markets seem to like it.

And wouldn't it be a kick if these great bastions of capitalism...turned the selling tide because government was the first to start buying.

Whether it was outright stakes in U.S. Banks, or outright guarantees on U.S. Bank loans, and deposits, and...you name it.

It propped 'em up. It wound 'em up. And now, gosh darn it, they are up. Bank stocks, lots of stocks. Stocks here...stocks pretty much everywhere.

That is not supposed to happen.

Markets generally climb when regulations are low, government interference is lower, and taxes are the lowest.

Remember Ronald Reagan, slashing all.

Remember too Bill Clinton, slashing most.

So, wouldn't it be remarkable if this rally gets going under precisely the "opposite" environment?

An era of more government, more regulation, and already, more taxes.

It would confound history, right?

And it would confound something else.

Logic.


Cavuto: When You Can’t Fail, You Can’t Succeed