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Did Bush steel the market?
Washington Times ^
| Wednesday, June 26, 2002
| Lawrence Kudlow
Posted on 06/25/2002 11:22:57 PM PDT by JohnHuang2
Edited on 07/12/2004 3:54:57 PM PDT by Jim Robinson.
[history]
The sagging stock market is diverging significantly from the rising economy. It's a puzzling and very unusual event. Much of this disconnect can be traced to a loss of investor trust stemming from corporate corruption and the breakdown of accounting standards. Worries about domestic terrorist bombings are also weighing down Wall Street.
(Excerpt) Read more at washtimes.com ...
TOPICS: Business/Economy; Editorial; News/Current Events
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To: JohnHuang2
Larry it doesn't help when every day another stock scandel comes out. The markets will need a few years to clean it's scum out. I got burned myself for a years pay and all the ratings were "strong buy" and the stock went from 90 plus to under 8 dollars today. We keep allowing companies to lie about future and even now past earnings so there is no wonder stocks are tanking !
Nasdaq is riddled with fraud and tech is where most of the fraud is !
To: JohnHuang2
The sagging stock market is diverging significantly from the rising economy. It's a puzzling and very unusual event.
What makes Kudlow think the economy is rising? The inflated numbers from the last few quarters?
3
posted on
06/26/2002 3:45:41 AM PDT
by
Hemlock
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