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

To: Mr. Palau who wrote (159016)	7/8/2001 5:20:29 PM
From: ColtonGang	Respond to of 769670

U.S. Stocks' Decline in Bush's First Months Worst Since Ford By David Wells New York, July 8 (Bloomberg) -- The U.S. stock market's swoon during the first five months of the George W. Bush administration has been the worst for any president since Richard Nixon resigned and Gerald Ford succeeded him in 1974 The Standard & Poor's 500 Index has fallen 10.8 percent since Bush's inauguration, the second-worst performance for that period among the last 10 presidents beginning with Dwight Eisenhower in 1952. In the bond market, the 30-year bond has returned 1.1 percent after the Federal Reserve lowered the interest rates on overnight loans among banks from 6.5 percent to 3.75 percent -- the largest decline in U.S. interest rates during a six-month period in 19 years.