SI
SI
discoversearch

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.
Politics : 1998 Election impact on market
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roger A. Babb who wrote (19)11/4/1998 5:47:00 AM
From: Hiram Walker  Read Replies (1) of 26
 
Roger, you are right, the rally will continue. Elections are short term positives or negatives,but as long as uncertainty is removed it is good for a short time.
The next big event does not take place in America anyway. The next big event is the EURO at the end of the year. I am hoping markets rally big time in Europe going into the end of the year. This will be the collapse of Europe for sure,as Germany will disintegrate,and Europe will flow into a big garbage dump of losses on top of losses,both in profits and financial markets. Europe has significant exposure to emerging market debt,and has significant pressures coming from declining export markets. Once Europe collapses and political and social infighting begin between countries the eyes will refocus on the US. At that point we are the only market left standing,and the contagion will make us sick like Senior Citizens on their first Carribean Cruise. The US will emerge first from this recession,and so will the next great default currency of the world the Yuan. China is looking like it will replace the US in the next century as the currency with the greatest influence.
The Euro will have significant problems as European Nations move toward socialism,it will limit their response to internal events.
Hiram
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News