"Bush Will Be Good For the Markets" (Nov, 2000)
------> He's got to do something real fast now. Republican hopes depend on it, don't they? When all is said and done, it's the ecomony, stupid. Restoring confidence in the Markets is key.
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I thought I'd revisit all the hoopla on this. Remember this oldie but not-so-goodie and a thousand more like it? Ok, perhaps Bush was in the wrong place at the wrong time, but that's not the point. The point is that so many were so totally wrong yet so incredibly sure about it.
**** HERE'S A TYPICAL QUOTE:
"As I argued a few weeks ago, a President Bush will be good for the stock market. I think much of the recent recovery is due to the fact the market now thinks Bush will win. They see a stimulating tax cut, along with evidence that Greenspan is through raising rates, as an indicator that the good times will continue to roll. And besides, if the soft landing gets a little harder, then St. Greenspan has lots of room to lower rates. Don’t Worry. Be Happy."
-Nov. 30, 2000 2000wave.com |