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Strategies & Market Trends : Mu Gamma Lambda

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To: Jorj X Mckie who wrote (7907)9/24/2001 2:16:09 PM
From: MulhollandDrive  Read Replies (3) of 10077
 
Hi jorj...

One thing I'm wondering about right now is any economic stimulus package.

I noticed that Secretary Evans (Commerce) has been on all of the recent meetings, I have to think he's been getting an earful from CEO's across the board.

We have a window of opportunity right now....(Partisanship on hold). I would expect at the very least a capital gains tax cut and maybe even further stimulus along the lines of investment tax credits.

I saw an interview with former GE CEO Jack Walsh yesterday and he's saying 6% unemployment before the end of the year.

High unemployment is an incumbent's worst nightmare, imo. Sensing some fear out there.
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