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.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Justa Werkenstiff who wrote (2477)12/15/1998 9:49:00 AM
From: Wally Mastroly  Read Replies (2) of 15132
 
Justa, Re: Impeachment & the market

International market volatility could be subsiding (somewhat). Specifically, Brazil & Japan. Perhaps the beginning of the end for Japan? They may be getting ready to bite the employment bullet. A minister just discussed the probable end to "jobs for life" in Japan starting next year. Brazil market bouncing back this A.M. - but still obviously a fluid situation. Not much sign of inflation in the U.S.

Impeachment -

Pressure will mount for Clinton to resign if house keeps moving toward impeachment. However, I continue to believe that he is much to arrogant to resign (especially since the Senate does not have the two thirds vote to oust him).

Agree, the end of this week could see market anxiety rise. However, heard some discussion/speculation that the the Senate could end the agony by moving to "adjourn" when the impeachment resolution hits the Senate. They could then call for for a joint congressional censure resolution to be signed publicly by Clinton. That kind of scenario might then cause a big market bounce.

Wishful thinking - or a "best case" way out of this mess?

P.S. -Here's a Dow stock that may help todays market to continue this AM's upward bounce - GE:

usatoday.com

(article link just changed)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News