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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (30767)	11/5/2006 12:37:40 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 57684

this has been a decade long jobless recovery Michael. And the stock market is a secular bear, and the dollar has crashed and cant' get up. Either you don't know what a bear market looks like or you are desperate to find something competant about Bush. Its probably both. Average market returns over the past 100 years or so are 10% per year. This is AVERAGE. Not a boom, just average and we have..... (drum roll please) finance.yahoo.com Well, we are about 150 S&P points above where we were in 01 (AFTER 911 so you can't use that excuse) so I guess some might be thrilled that that markets are finally flat and not crashing. Bottom line: overspending and dollar crashing does not a booming economy make. And that is why Bush isn't getting "credit" for this great economy as you see it. Because it isn't that great. Crashing the dollar and going into debt with no jobs/wage growth doesn't cut it.