| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
The market has been backing down quite a bit lately. Besides the regular mumbo-jumbo of different economic indicators, I am just wondering is this has anything to do with our Democratic Presidential candidates? I heard they are going around the country and telling people about their BIG spending programs. That means more taxes. With the high national deficit and sluggish economy, it'll surely put this country into the dumpers. I guess their "spending" talk's made people on "The Street" feel uneasy, especially Cliton and Gore are leading the polls so far ahead of Bush. So, what do you think? How should we prepare for November? Mike
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 253.1 | Cliton ~ Dow ~ TSFO'ed | RT95::HU | Olympic Game | Mon Jul 20 1992 15:50 | 17 |
USA today has article talking about Clinton/Gore's ticket, apprantly
Wall St don't feel easy about their leading score so far in the race,
and cause two days continuous downslide.
For Novmber election, I would agree that Dow will continue slide if
Clinton get elected and recession continue. In my opinion, Government
don't have too much instruments to turn around the economy because of
mountain deficit. Lowering interest by FED alone proofing powerless
move so far. The return of 90' is going to be around 2-5% above
inflation.
Unless government as well as individual digest their debts, we won't see
any robust economy like 80's until 1994 or 1995 at my best estimate.
FWIW
Michael..
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| 253.2 | SSBN1::YANKES | Tue Jul 21 1992 10:37 | 8 | ||
I agree with Michael. (.1) There are so many uncertainties in
our, and the world's, economy that the Presidential election is just
one more variable. And personally, I don't think it will really make
much difference _which_ candidate gets elected since either will be
presiding over the continuation of the 80's party hangover.
-craig
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