| Topic: |
Politics > Politics-USA |
| User: |
"Harry Hope" |
| Date: |
18 Oct 2004 10:31:03 PM |
| Object: |
The Street Gets Comfortable With Kerry in the White House |
From Business Week, 10/18/04:
http://story.news.yahoo.com/news?tmpl=story&cid=66&ncid=749&e=11&u=/bw/20041018/bs_bw/nf200410189987db038
The Street Gets Comfortable with Kerry
Mon Oct 18
By Amey Stone
From the moment Democrat John Kerry locked up the Democratic
Presidential nomination last spring, many investment strategists have
watched with fear and dread his neck-and-neck battle with George Bush
in the polls.
Not only did they worry that a President Kerry would raise taxes,
impose new regulations, and push policies that would slow economic
growth, but they felt that large institutional investors were so
confident of a Bush win, that they would be startled into selling if
the race got tight.
Fast-forward a few months -- and Wall Street has changed its tune.
Yes, the markets have been listless since August and have lost some
ground lately.
But with Kerry now in a dead heat with President Bush and the election
just two weeks away, no one is panicking.
If anything, investors are starting to get fairly comfortable with
Kerry in the White House.
"Anyway you cut it, the reality is that people are getting more
open-minded about the idea," says Michael Panzner, head trader at Rabo
Securities and author of The New Laws of the Stock Market Jungle.
_____________________________________________________
Wall Street will go with the flow.
Harry
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| User: "Harry" |
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| Title: Re: The Street Gets Comfortable With Kerry in the White House |
19 Oct 2004 12:03:18 AM |
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"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:gj29n09lc2t03pmpttrif8bejso6avshal@4ax.com...
From Business Week, 10/18/04:
http://story.news.yahoo.com/news?tmpl=story&cid=66&ncid=749&e=11&u=/bw/20041018/bs_bw/nf200410189987db038
The Street Gets Comfortable with Kerry
Mon Oct 18
By Amey Stone
From the moment Democrat John Kerry locked up the Democratic
Presidential nomination last spring, many investment strategists have
watched with fear and dread his neck-and-neck battle with George Bush
in the polls.
Not only did they worry that a President Kerry would raise taxes,
impose new regulations, and push policies that would slow economic
growth, but they felt that large institutional investors were so
confident of a Bush win, that they would be startled into selling if
the race got tight.
Fast-forward a few months -- and Wall Street has changed its tune.
Yes, the markets have been listless since August and have lost some
ground lately.
But with Kerry now in a dead heat with President Bush and the election
just two weeks away, no one is panicking.
If anything, investors are starting to get fairly comfortable with
Kerry in the White House.
"Anyway you cut it, the reality is that people are getting more
open-minded about the idea," says Michael Panzner, head trader at Rabo
Securities and author of The New Laws of the Stock Market Jungle.
_____________________________________________________
Wall Street will go with the flow.
Harry
Of course, the most obvious explanation is that the Street sees that Bush
will win and no longer worry about Kerry ;-)
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| User: "Gary Forbis" |
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| Title: Re: The Street Gets Comfortable With Kerry in the White House |
19 Oct 2004 07:16:38 AM |
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"Harry" <GeoCrunch21@aol.com> wrote in message news:<655fb$4174a019$44ef0e45$22873@msgid.meganewsservers.com>...
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:gj29n09lc2t03pmpttrif8bejso6avshal@4ax.com...
From Business Week, 10/18/04:
http://story.news.yahoo.com/news?tmpl=story&cid=66&ncid=749&e=11&u=/bw/20041018/bs_bw/nf200410189987db038
The Street Gets Comfortable with Kerry
....
Wall Street will go with the flow.
Of course, the most obvious explanation is that the Street sees that Bush
will win and no longer worry about Kerry ;-)
Fox news blames every dip in the stock market on fears Kerry will get
elected and every bump on a Bush "surge" in the polls.
This is strange considering they blamed Clinton for the fall in the
stock market some three years after Bush took office. I guess the
stock market is only forward looking when it suits one's political spin.
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| User: "Z" |
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| Title: Re: The Street Gets Comfortable With Kerry in the White House |
19 Oct 2004 03:06:03 AM |
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Only Islamic countries have "the street".
Oh, I get it the Muslims will have a great voice under Kerry by
demonstrating in "the street" of America
Z
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:gj29n09lc2t03pmpttrif8bejso6avshal@4ax.com...
From Business Week, 10/18/04:
http://story.news.yahoo.com/news?tmpl=story&cid=66&ncid=749&e=11&u=/bw/20041018/bs_bw/nf200410189987db038
The Street Gets Comfortable with Kerry
Mon Oct 18
By Amey Stone
From the moment Democrat John Kerry locked up the Democratic
Presidential nomination last spring, many investment strategists have
watched with fear and dread his neck-and-neck battle with George Bush
in the polls.
Not only did they worry that a President Kerry would raise taxes,
impose new regulations, and push policies that would slow economic
growth, but they felt that large institutional investors were so
confident of a Bush win, that they would be startled into selling if
the race got tight.
Fast-forward a few months -- and Wall Street has changed its tune.
Yes, the markets have been listless since August and have lost some
ground lately.
But with Kerry now in a dead heat with President Bush and the election
just two weeks away, no one is panicking.
If anything, investors are starting to get fairly comfortable with
Kerry in the White House.
"Anyway you cut it, the reality is that people are getting more
open-minded about the idea," says Michael Panzner, head trader at Rabo
Securities and author of The New Laws of the Stock Market Jungle.
_____________________________________________________
Wall Street will go with the flow.
Harry
.
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| User: "Rich Travsky" |
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| Title: Re: The Street Gets Comfortable With Kerry in the White House |
19 Oct 2004 09:12:41 AM |
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Z wrote:
Only Islamic countries have "the street".
Oh, I get it the Muslims will have a great voice under Kerry by
demonstrating in "the street" of America
America has "The Street"...understand the reference?
Z
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:gj29n09lc2t03pmpttrif8bejso6avshal@4ax.com...
From Business Week, 10/18/04:
http://story.news.yahoo.com/news?tmpl=story&cid=66&ncid=749&e=11&u=/bw/20041018/bs_bw/nf200410189987db038
The Street Gets Comfortable with Kerry
Mon Oct 18
By Amey Stone
From the moment Democrat John Kerry locked up the Democratic
Presidential nomination last spring, many investment strategists have
watched with fear and dread his neck-and-neck battle with George Bush
in the polls.
Not only did they worry that a President Kerry would raise taxes,
impose new regulations, and push policies that would slow economic
growth, but they felt that large institutional investors were so
confident of a Bush win, that they would be startled into selling if
the race got tight.
Fast-forward a few months -- and Wall Street has changed its tune.
Yes, the markets have been listless since August and have lost some
ground lately.
But with Kerry now in a dead heat with President Bush and the election
just two weeks away, no one is panicking.
If anything, investors are starting to get fairly comfortable with
Kerry in the White House.
"Anyway you cut it, the reality is that people are getting more
open-minded about the idea," says Michael Panzner, head trader at Rabo
Securities and author of The New Laws of the Stock Market Jungle.
_____________________________________________________
Wall Street will go with the flow.
Harry
.
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| User: "Steveo" |
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| Title: Re: The Street Gets Comfortable With Kerry in the White House |
19 Oct 2004 10:41:23 AM |
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Z wrote:
Only Islamic countries have "the street".
Oh, I get it the Muslims will have a great voice under Kerry by
demonstrating in "the street" of America
You are quite pitiful.
Z
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:gj29n09lc2t03pmpttrif8bejso6avshal@4ax.com...
From Business Week, 10/18/04:
http://story.news.yahoo.com/news?tmpl=story&cid=66&ncid=749&e=11&u=/bw/20041018/bs_bw/nf200410189987db038
The Street Gets Comfortable with Kerry
Mon Oct 18
By Amey Stone
From the moment Democrat John Kerry locked up the Democratic
Presidential nomination last spring, many investment strategists have
watched with fear and dread his neck-and-neck battle with George Bush
in the polls.
Not only did they worry that a President Kerry would raise taxes,
impose new regulations, and push policies that would slow economic
growth, but they felt that large institutional investors were so
confident of a Bush win, that they would be startled into selling if
the race got tight.
Fast-forward a few months -- and Wall Street has changed its tune.
Yes, the markets have been listless since August and have lost some
ground lately.
But with Kerry now in a dead heat with President Bush and the election
just two weeks away, no one is panicking.
If anything, investors are starting to get fairly comfortable with
Kerry in the White House.
"Anyway you cut it, the reality is that people are getting more
open-minded about the idea," says Michael Panzner, head trader at Rabo
Securities and author of The New Laws of the Stock Market Jungle.
_____________________________________________________
Wall Street will go with the flow.
Harry
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