The reason for all the downturn

[sportsmadness80]

This is one of the reasons for the latest mischief (Bernanke). It will take a while for most of the stock world to trust this guy. http://biz.yahoo.com/ap/060523/bernanke.html?.v=2

[NATHAN LLOYD]

I like all your emoticons.

I disagree with you on blaming Bernanke; albeit, he did have a slip of tongue. He is the only one who can save the USD from tanking; i.e., inflation from getting out of control.

The trade deficit due to oil is the real culprit, and Bush has done nothing to make it better. His foreign diplomacy--spending trillions on a stupid war--has done nothing for our economy. We need electric cars and nuclear power plants. This would boost the USD big time, and our trade deficit would become nil. I hope people have learned and never vote for another Bush.

[reef]

Originally Posted by NATHAN LLOYD

I hope people have learned and never vote for another Bush.

Lord help us if somehow "Jeb" gets elected too, lol!

[NATHAN LLOYD]

Originally Posted by reef

Lord help us if somehow "Jeb" gets elected too, lol!

If that happens, I might just move to Ireland. I heard they need dentists real bad over there in the UK.

[who8me2k7]

Originally Posted by NATHAN LLOYD

I like all your emoticons.

I disagree with you on blaming Bernanke; albeit, he did have a slip of tongue. He is the only one who can save the USD from tanking; i.e., inflation from getting out of control.

The trade deficit due to oil is the real culprit, and Bush has done nothing to make it better. His foreign diplomacy--spending trillions on a stupid war--has done nothing for our economy. We need electric cars and nuclear power plants. This would boost the USD big time, and our trade deficit would become nil. I hope people have learned and never vote for another Bush.

YAYYY!!! How the hell did bush win the last election........

[madcowdisease]

i disagree with your asessment of this market slide. Granted Bernanke is a component but for my take read here :http://www.cramersmadmoney.com/showthread.php?t=4038

Or just go here for the sans commentary version: http://articles.moneycentral.msn.com...eUSmarket.aspx

[NATHAN LLOYD]

That was one pedantic article by Jim Jubak, but I do think he knows his sh!t. I'll have to go through it a couple more times.

[NATHAN LLOYD]

Is this a good summary of that pedantic article?

Japan is taking money out of the market and is going to raise rates because their economy is starting to rebound. Hence, with Japan (potentially) and the US raising rates, bonds are getting more attractive than stocks. This means speculative stocks are still due for some correction.

PS: It's more fun to blame Bush with his 30% approval rating.

[reef]

Originally Posted by NATHAN LLOYD

PS: It's more fun to blame Bush with his 30% approval rating.

Hey if we're gonna bash Bush, let's make sure we get his approval rating correct, it's 29%!

[madcowdisease]

Originally Posted by NATHAN LLOYD

Is this a good summary of that pedantic article?

Japan is taking money out of the market and is going to raise rates because their economy is starting to rebound. Hence, with Japan (potentially) and the US raising rates, bonds are getting more attractive than stocks. This means speculative stocks are still due for some correction.

PS: It's more fun to blame Bush with his 30% approval rating.

I think you can simplify it even more: The Bank of Japan will be raising the cost of money so all the excess liquidity that is floating around, and finding a home in foreign markets, will gradually disipate and hence the foreign markets will see net outflows of cash. This is not good for stocks.

You really think Juback is pedantic here? I found it rather worldly but then again I did study this crap in school. I suppose since he did focus heavily on The BoJ I see where you're coming from. Personally, I think the market slide is a confluence of issues occuring simultaneously with the BoJ being one major component.