Shareholder Wealth Up $525 Billion Since Election Day

[Rose Siding]

WASHINGTON, Nov. 19 /U.S. Newswire/ -- The American Shareholders Association (ASA) today issued an analysis on stock market indicators such as shareholder wealth, volatility, and dividend payments to shareholders. The full analysis can be found at: http://www.americanshareholders.com/news/asa-investor-11-18-04.pdf

Highlights of the analysis include:
-- Total shareholder wealth has increased $525 billion, or 4.75 percent, in the 11 trading days since the conclusion of the presidential election.

-- Shareholder wealth is increasing at a pace of $48 billion per trading session and completely wipes out the losses of a downward trending market that has occurred since March 5th.
...........
"The end of the presidential election has brought greater certainty to investors and shareholders are reaping the gains," said Daniel Clifton, executive director of ASA. "The substantial increases in shareholder wealth and dividend payments demonstrate the need to make permanent the capital gains and dividend tax reductions put into place last year. ASA will be working hard to get this legislation passed in the next session of Congress."

http://story.news.yahoo.com/news?tmpl=story&cid=669&ncid=669&e=5&u=/usnw/20041119/pl_usnw/shareholder_wealth_up__525_billion_since_election_day__rising_equity_markets_and_dividend_payments_are_boosting_investor_confid

The increases in wealth indicate there should be no taxation on that wealth? I'm so confuzzled :freak:

[lovedems]

1. Then *they* could pay for the 388B$ spending bill and still have some

left over!

[Kolesar]

2. &how much of that "wealth" was lost to the devaluation of the dollar?

I shudder to think. I only have a bit of non-dollar denominated investments.