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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: DownSouth who wrote (32100)9/22/2000 4:10:38 PM
From: willkm3  Read Replies (2) of 54805
 
he is #2 man in the administration that is on watch during the most prosperous years of our country

That is true enough but I don't give him much credit for the huge economic run we've seen. Also consider that this market recently ran out of steam about the time Gore took the lead in most polls.

Consider the following:
In Jan. 1989 George Bush took office with 30 Treasury Ylds @ 9.00%. In Jan. 1993 when Bill Clinton took office 30 Treasury Ylds were near 7.25%. They continued lower for several months during Clinton's first year and reached a low of about 6.15%. When the capital markets began to see that Clinton was not the moderate he claimed to be during the elections, rates quickly shot up to near 8.25%, peaking on Tuesday, November 11, 1994.(You know what happened that day...) They have been trending lower ever since and now sit at 5.91%. I really think that the Congress, by holding back some of the liberal initiatives of this administration, has helped our economy more than the administration. (Advances in technology have probably helped more than either.) I believe that if Gore is elected and the Congress changes hands you will not like tuning in to see the market action every day. We might all want to take a long vacation with Uncle Frank. (Maybe a 4 year vacation)

Just MHO of course.

Keith
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