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.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (81598)7/16/2008 10:05:50 AM
From: Crimson Ghost  Read Replies (5) | Respond to of 116555
 
I am going to stick my neck out and make make a very contrarian forecast.

The election will be a close one and Obama is far from assured of victory.

Why?

Because I am convinced Bush will reach a détente with Iran before long.

That would trigger sharp drops in oil and gas prices and touch off big rallies in stocks, bonds, and the dollar.

If the super hawk Nixon could reach detente with China back in 1972, than why not super hawk Bush with Iran in 2008? Especially considering that this is the only thing IMHO that could turn the upcoming election into a real horse race.

This would not be the first time that pragmatism has trumped ideology.