Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rohry
Looking at the last two days from the point of the war vote in Congress, the question is whether cries for war affect the market, and if so, how. Would the market respond upward or downward? Since it has been a while, 11 years since the Gulf War and 60 years since WW II, there isn't much data to go on.

The decision has been made, the direction is known. The market likes that. Doesn't mean the market likes war, just that it doesn't like uncertainty. We're all stepping a little more certainly today.

3 posted on 10/11/2002 5:01:54 PM PDT by RightWhale
[ Post Reply | Private Reply | To 2 | View Replies ]


To: RightWhale
"Looking at the last two days from the point of the war vote in Congress, the question is whether cries for war affect the market, and if so, how."

I don't think the war vote was a big factor in the last two day's rally.

"Since it has been a while, 11 years since the Gulf War and 60 years since WW II, there isn't much data to go on."

The data doesn't matter. There is a much higher percentage of novices in the market than at any point in history. In WW II a very small percentage of the public was in the stock market. Before the Gulf War there was a fraction of the people in the market than now. We are in uncharted territory...
5 posted on 10/11/2002 5:12:39 PM PDT by rohry
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson