[birbear]

No, really, that is an old Wall Street adage. It dovetails with buy when the news is blackest, and sell on good news.

Oh, I totally agree with you. Just heard some body this weekend on one of the local financial talk shows say just that. There's almost too much good news in the economy right now.

Question is: will we see a slowing during the summer of 06, just in time for the Nov. elections? And how will the media play it?

[Brilliant]

Well you know how the media will play it. The question is whether we'll have the slowdown. Unfortunately, it can't get any better.

[misterrob]

The media gave the Clinton administration a pass on the economic downturn that Bush inherited. (Note:Bubba didn't cause the NASDAQ bubble to happen or burst) A confluence of events in early 2000 like the Nasdaq crash, the oil price spike and 6.5% Fed Funds rate showed up late in the year to tank the economy. Suddenly it was the Bush recession. 9/11 was a big hit on the economy and yet the media just teed off on his administration for sustained job losses, anemic growth and lack of confidence. Now that we are in our 11th consecutive quarter of growth they still manage to find something bad to say.

Answer your question?