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


To: tejek who wrote (590295)7/13/2004 1:44:58 PM
From: John Carragher  Read Replies (1) | Respond to of 769667
 
sounds like cramer flip flop .. a few months ago he was all bush converted from democrat past. now he is back in the fold. wonder who talked to him...

strange article.
but then cramer is a strange guy.



To: tejek who wrote (590295)7/13/2004 1:53:02 PM
From: Proud_Infidel  Read Replies (2) | Respond to of 769667
 
The best advertisement GW could ever want is to have Cramer in the Kerry camp....what a buffoon Cramer is!



To: tejek who wrote (590295)7/13/2004 1:54:22 PM
From: sea_biscuit  Read Replies (2) | Respond to of 769667
 
Cramer is silly. The stock-market is doing what it does in a secular bear-market. The cyclical bull that started in Oct 2002 has more or less run its course and we are set for the next leg of the secular bear, which would be a resumption of the downside. There will be a few more cyclical bulls and bears in the coming years and the whole process can take a decade or even longer and will leave the investing public completely exhausted and totally uninterested in stocks (at a time when stocks are trading under 10 times earnings and dividend yields are 5% or 6% or even more).

There are a lot of reasons why Dumbya needs to be blamed -- the war in Iraq, the huge budget and trade deficits, his divisive social agenda... but blaming him for a stagnant stock-market is ridiculous. The market does what it does.



To: tejek who wrote (590295)7/13/2004 4:38:11 PM
From: Enam Luf  Read Replies (1) | Respond to of 769667
 
mannnn is that a stupid article.

the market's movements of late have almost nothing to do with GW, nor with any other politician. The terror overhang and the price of oil are both contributing factors, but not large ones.

the reasons for the market's stagnation are many but to name a few:

-rising interest rates
-huge consumer debt (combined with above)
-low anticipated annual equity ROI (6%-10%) for next 20 years (has to do with the impact of diversification on risk)
-prospects of inflation
-echo tremors from the crash (still trying to reach equilibrium in buying patterns)
-demise of mutual fund hypergrowth which fueled funds flow into equity for two decades.
-terror fears curb spending
-lackluster corporate earnings, mainly as a result of bloat and high wages in the workforce.