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Divining the Dow (Score:3, Interesting)

by yudel (1014)

I think the Dow is starting to factor in a Bush defeat next year. The Market doesn't like borrow-and-spend politicos.
- Re:Divining the Dow (Score:2)
  
  by pudge (1)
  
  yudel, since when? The Market liked it when Reagan did it. I think you suffer from a bad case of Wishful Thinking.
  
  All that really matters in terms of Bush and the economy is jobs; you need companies to have money before they can create jobs; and right now, companies are gaining money. It remains to be seen how well jobs will benefit from this. It seems likely that there will be a net job loss under Bush, but people care less about absolute values than they do about direction, so if the jobless rate is
  - Re:Divining the Dow (Score:2)
    
    by yudel (1014) on 2003.12.16 22:19 (#26619) Homepage Journal
    
    Ah! My out-of-thin-air assertions are challenged! OK, let's see if I can find some graphs of the market and Bush's popularity over the past four years to see whether I'm right or not....
    
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