Phil Dow Quotes
I think the main impact of the election has been a degree of uncertainty. Once we know who the president will be it will be very much like Y2K -- it will come and go. You have to focus on sales and earnings, and those have been pretty robust. 
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Main | Impact | Election | Degree | Uncertainty |
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Overall, I think there's been a profound change in sentiment after the market hit its five-year low in early October... The market is factoring in a possible resolution of the Iraq crisis. With the Republican victories in the midterm elections, there's a possibility of a tax cut for dividends. That's like a tectonic shift in fundamentals.
- Phil Dow
