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Politics : PRESIDENT GEORGE W. BUSH
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To: asenna1 who wrote (118213)12/20/2000 2:33:40 PM
From: Neocon  Read Replies (2) of 769670
 
To be fair, I thought my guys were goofy for over asserting a connection between events in the election and the market. But let's not run it into the ground. People are reacting to a variety of things: they are spooked by the low earnings reports of some top companies; by the continued high fuel prices; by the Microsoft suit; by Greenspan's continued obsession with inflation, and unwillingness to ease credit; and other things besides. It is somewhat witless to assume they are reacting to Bush's election when it is premature to suppose he will get his package passed, and, even if he did, it would not take effect until the next fiscal year. Anyway, things change too easily to attribute much importance to this hiccup yet.....
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