Market set to rally because of Saddam's capture...

[kalian]

Read'em and weep people...

http://news.yahoo.com/news?tmpl=story2&cid=568&u=/nm/20031214/bs_nm/column_stocks_outlook_dc_1&printer=1

:eyes:
All I can say is that I expect OBL to be "captured" sometime right
before the next presidential elections.

[ogminlo]

1. If there is an upturn, it will be woefully temporary.

[Code_Name_D]

2. Agreed.

Nothing has fundementaly changed. Not one American has found a job, becase we found Saddam. It also sets the market up for a fall. I do not think that Saddam's capture will end the insurgence like the mediea tells us. Liseting to ABC, you would think that the long overdoo shower of roses is about to start. But I bet you the next insurgaence attack will take every one by complet surprise.

[ramapo]

3. It's a funny world

What does the capture of Saddam have to do with the economic outlook?

It is a great propaganda victory and a boost to Bush*'s political fortunes. But nothing in the world has fundamentally changed.

Nobody is going to get a job, buy a house, etc. because of this.

It is in most aspects a very superficial event.