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


To: TobagoJack who wrote (56150)11/18/2004 10:01:34 PM
From: Taikun  Respond to of 74559
 
Jay,

If this

<disappear themselves by moving>

manifests itself as a wall they may have chosen that option, but I think they must choose peace for what Iraq may represent in the future. A 'Democratic' Iraq will hopefully not be another punching bag country for them to beat up on, they may have to shape up.

Perhaps any action would come from Iraq.

I remember back in August the finding of maps of Citigroup and Prudential and World Bank buildings in the US barely budged Citibank shares that day.

Have investors become more thick skinned?

OTOH, the amount of cash companies are returning to investors in dividends or using in share buybacks represents a change in direction from investing in productive assets.

This means that investors are investing in companies today that take less investment risks now that 5, 10, 15 years ago.

Investing in US equities does not assume as much risk so perhaps the additional risk in the geopolitical scene will be tolerated better?

Is the gold ETF just another representation of a huge shift to less risky investments?

*companies who use cash for buybacks to increase shareholder value
*companies who recycle cash to investors as dividends

are much less risky than in the past. Maybe they will not selloff as much? Maybe the bullish signals hold?

Maybe we're all more thick-skinned?

David