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.
Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (19806)1/6/2003 12:18:11 PM
From: Oral Roberts  Read Replies (1) | Respond to of 57110
 
You mean the triple the national debt plan cause they won't stop spending? Not sure.

I am with you short now but in pain.



To: Jorj X Mckie who wrote (19806)1/6/2003 12:24:13 PM
From: Libbyt  Respond to of 57110
 
know when the economic stimulus plan comes out tomorrow?

No...I've tried to find the timing of speech, but I haven't been able to find the exact time.

This has been all of the information that I can find: "Bush is expected to reveal his plans Tuesday afternoon in a speech in Chicago, Illinois."



To: Jorj X Mckie who wrote (19806)1/6/2003 2:00:56 PM
From: Libbyt  Read Replies (1) | Respond to of 57110
 
Anybody know when the economic stimulus plan comes out tomorrow?

1:15 EST...I just heard the time announced.



To: Jorj X Mckie who wrote (19806)1/6/2003 2:23:20 PM
From: Rainy_Day_Woman  Respond to of 57110
 
and the fighting begins....

'(CBS) The White House is fine-tuning an economic plan that is expected to include elimination of the tax on dividends, which Republicans call a bold market-boosting agenda and Democrats criticize as a prize for the wealthy.

That's just the start of the pre-election year budget and economic fight, reports CBS News White House Correspondent Peter Maer. The president will also propose speeding income tax rate reductions in all tax brackets, and wants to let companies write off investments sooner.

And even before the president unveils his proposal in a speech to the Economic Club in Chicago Tuesday, Congressional Democrats were to announce their own blueprint Monday. Democrats began their assault with appearances on Sunday talk shows, where they intensified criticism of Mr. Bush's plan as giving too much help to corporations and the wealthy, and not enough to the middle class.'

I suspect the market will bounce on the announcement, then go into tank towards the end of the week

it is actions with results that will turn this market...will take a while