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Explain this to me please
- Thread starter giff57
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PlannerGirl
Cyburbian Plus
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im not sure i get it as well but maybe folks are ready to just be "on with it" and get on with our lives. the dark cloud of not knowing whats going on is hard.
Cardinal
Cyburbian
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Re: stocks
At the start of a war people assume a quick victory and the usual results (a surge in confidence, lower oil costs, increased spending, etc.). As a result, they want to get in quickly, when prices are low.
I think that is a dangerous strategy this time around. There are underlying problems with the economy that will not go away with a war and/or victory in Iraq. I think the uptick we see will be short-lived. The market will only begin to rise once there is a prolonged economic expansion.
The threat of war makes people wary, hence they hesitate to purchase stocks. There are also other concerns, such as the move to more stable investments (gold, etc.) and rising oil prices with concerns over supply, that divert funds from stocks.Tom R said:
At the start of a war people assume a quick victory and the usual results (a surge in confidence, lower oil costs, increased spending, etc.). As a result, they want to get in quickly, when prices are low.
I think that is a dangerous strategy this time around. There are underlying problems with the economy that will not go away with a war and/or victory in Iraq. I think the uptick we see will be short-lived. The market will only begin to rise once there is a prolonged economic expansion.
Short lived blip
Mike's right.
And, don't forget the doomsayers COULD be right-we could be in for a nasty period of terrorism and firefights around the world.
One commentator said that the whole American economic boom was largely based on a combination of foreign capital inflows (down 78% from 2 years ago) and a relatively cheap dollar. (He also said that the only thing that would "solve" the economy is a REALLY nasty Depression to blow out all of the excessive production capacity in the world economy. Let's hope not)
Mike's right.
And, don't forget the doomsayers COULD be right-we could be in for a nasty period of terrorism and firefights around the world.
One commentator said that the whole American economic boom was largely based on a combination of foreign capital inflows (down 78% from 2 years ago) and a relatively cheap dollar. (He also said that the only thing that would "solve" the economy is a REALLY nasty Depression to blow out all of the excessive production capacity in the world economy. Let's hope not)