Quote:
Originally posted by Ronn_Bman:
For our non-American friends, the stock market is on an upswing since military action has begun, but NOT because the market prefers war. The market has suffered greatly in the face of uncertainty, and action removes that uncertainty.[/QB]
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However The Market has lost staggering amounts of value since sept 11th. And I doubt that it will recover the levels it was before that for years to come.
The Dividends from some of the Shares I have came to about half what they were before sept. 11t
Indeed I think what with this war and similar, any increases we see in the stock market will be the result of people buying up shares while they are hammered down.
Lots of people will be wanting to get out of the shares and stocks, so they’re gonna sell! Sell! Sell!
And the market will just Yo-Yo.
Anyway, The Tax cuts for the rich, since rich people spend less proportionally and save more than other people will just help to constipate the economy.
And The Rich will be saving and not spending anyway what with the current economic climate.
It’s all a bit naughty really.