Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SliderOnTheBlack who wrote (82308)	12/21/2000 10:45:14 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

GW Bush & Economic policy ? - thoughts, comments ? ... at least one poster here (jim L) saw the naming of Alcoa's O'Neil as a "soft dollar" endorsement for this administration. Any thoughts, comments out there on what ole' GW's policies will be & ramifications to the market ? ... JOB #1 will be to "walk down the US Dollar" imo and I can't imagine that GW will make a huge political mistake by doing too much - too soon; to rescue either the Stock Market of a slowing US economy this soon. ... not with a multi-year boom cycle showing much needed exhaustion; not with the much needed cleansing of excess speculation, credit, inventory, capacity & leverage finally being wrung out of this market. He ought to let Clinton/Gore & Rubin and the Richardson Energy policy take the blame for the first 18 mos of his administration and then turn things around for that final two years of his term; posing himself & Republicans for re-election. I also predict that Greenspan will retire from the Fed before the end of 2001. - he'll only be around for a transition... The US Dollar will be "walked down" - which is just fine for me and it will allow US Multi-Nationals to increase exports & earnings... not that the O'Neil appoinment wasn't a flag for that allready... Slow walking down for the Dollar = a slow ramp up for Gold...and "slow & steady" is just fine by me. They'll maintain the "talk" of a Strong Dollar... but will "walk" it down imho; as "strong" is one thing - but, grossly inflated is yet another...and neither O'Neil, nor GW will allow US Multi-Nationals to be continued to be killed by their own Dollar...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next