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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (8304)	1/21/2003 1:29:38 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 306849

Yeah I think all this discussion about the dividend tax break and whether it will stimulate the economy directly kindof misses the point... my feeling is this recession was accelerated or maybe even caused by the stock market decline, which in turn affected the tax rolls and the deficit.... it could be that the white house had one goal in mind, raise stock prices... and unlocking the cash that some of these companies have is the easiest fix for that, having nothing to do with who benefits, etc. Its just that simple as far as I'm concerned. Of course even if they do get the div tax cut through, and companies start paying dividends more freely, there is no guarantee the market will go up. But it likely will. And I know that for tech capex spending, the condition of the nasdaq is really weighing on sentiment and corporate purchasing decisions.