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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (335408)	4/26/2007 7:27:22 AM
From: Road Walker	Read Replies (2) \| Respond to of 1574840

re: By the way, the Dow is above 13K. This despite the Iraq war and the high price of gas. So those things are good? Where would it be without those things?

To: Tenchusatsu who wrote (335408)	4/26/2007 9:10:51 AM
From: RetiredNow	Read Replies (2) \| Respond to of 1574840

Yes, nice days on the DOW right now. I wonder how much better it would be if we weren't wasting $600B in Iraq, $300B a year in oil imports, and creating enemies all over the world in our quest for oil. All of that puts a risk factor into the stock market. Notice how in 2000, the DOW was at 11,000 and now it's only at 13,000 after 6.5 years? You might say that we were due for a slowdown or recession after the heady days of the 90's and that's true. However, elevated macro factors do impact risk and that does tend to put downward pressure on stock markets. Take that risk out of the picture and you get GREAT markets, as seen in the 90's when we had a goldilocks economy for a long period of time and we weren't spending gobs of cash on major wars or getting targeted by terrorists. Oil is the common denominator. Get rid of our dependence there and you solve a bunch of problems simultaneously. It's a no brainer to any reasonable person.