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Old 3rd November 2006, 02:23 AM
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Re: What's the matter with America?

Originally Posted by Rubber Duck
If you knew anything about Stockmarkets, you would know that they do not reflect current news. Stockmarkets are leading indicators, that generally look a year or two ahead. Not that they always get it right. They are anticipating that current weakness will lead to lower interest rates and a lower exchange rates that will ultimately be better for Corporate America.

ok, that's a good point, a slowdown will force the feds to lower interest rates. Ironic isn't it? but isn't it the election that actually helped prevent rate increease?

Originally Posted by Drewbert
What's the big deal?

Dow Jones RECOVERS to where it was years ago. Factor in inflation, and it's still down on where it should be.

They're desperately grasping anything they can find that can be construed as good news.
2000 was the height of the stock market boom - with all that dot com bubble..

Last edited by touchring; 3rd November 2006 at 02:27 AM.. Reason: Automerged Doublepost
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