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Technology Stocks : Wind River going up, up, up!
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To: Peter Church who wrote (8710)10/25/2000 2:35:22 PM
From: Starlight   of 10309
 
Recessions are not generally caused by Central Bankers who mostly react to market forces on their economies and currencies, but by inbalances in supply and distribution of capital. I think there is something deeper going on here. Maybe this is too simplistic an explanation, but it occured to me that the market might be weak because Wall Street doesn't like EITHER Presidential candidate, and it also hates uncertainty. I know that there are deeper causes, too, but I can't help thinking that the election is a big part of the current market weakness. However, the fact that the market has shrugged off rate hikes in recent years and continued to climb might now be ending. Perhaps we're seeing a late reaction to tighter money which just took another set of events (such as the election) to trigger.
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