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 : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (56578)11/2/2000 11:44:11 AM
From: Les H  Respond to of 769670
 
There should be several more 10-20% downturns and rallies before May. Many of the mutual funds are distributing between 15 and 30 percent of their assets as cap gains in December and March, especially the growth funds. Some as high as 50 percent. It all depends on foreign money as they're investing $ 400 billion per year in the US stocks and bonds. That may end as the Euro debut nears in January 2002.



To: TigerPaw who wrote (56578)11/2/2000 11:48:30 AM
From: jlallen  Read Replies (1) | Respond to of 769670
 
Those of us who have put a few dollars together realize that Bush's proposal to shut down federal revenues and balloon the debt will cost much more than we would ever receive in tax benefits.

I must have missed that part of his plan. His spending proposals seemed a bit more conservative than the massive growth of spending Gore has proposed.

JLA