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


To: Enam Luf who wrote (590381)7/13/2004 5:25:16 PM
From: tejek  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.


Yup........keep repeating it like a mantra. You say it enough times and you may believe it.

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.


With the exception of the rising interest rates [and really that's a non event], all the same conditions existed last year when the market rallied.

Maybe Bush's misguided foreign policy has a bigger impact than you thought.