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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Behind Blue Eyes who wrote (39872)10/20/2003 11:59:46 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<<"...Bush may be an easy winner if the economy is strong enough to justify Fed tightening before the November election. As a well-known politician once said: "It's the economy, stupid." In this case, the goals of the Fed are closely aligned with those of the Bush administration due to economic factors -- not politics
morganstanley.com

This is the reason why I keep writing here that all the rosy tinted economic "news" and "analysis" are part of the re-election campaign. The economy needs to be displayed as 'strong'.

In understand that your T&C is .50 per comment, right?



To: Behind Blue Eyes who wrote (39872)10/21/2003 12:10:16 AM
From: elmatador  Respond to of 74559
 
Morgan Stanley caution investors saying:

Don't buy it wholesale: Just because a couple of quarters shows the trend up, does't mean you should extrapolate and see the economy shooting up. That is an welcome heads up. Just to show how memories are volatile: Even George Gilger is coming back into fashion!!! As we know, right here in the BBR, we have an example in the perosn of AC Flyer who smells a recovery at every tiny hint.

Investors should beware: We are going through a make believe "recovery" just to prop up Bush's chances in next year's election.

Please, make my 50 cents of Euro. Not of USD :-)