your opinion, is the current drop of 1000 for the DOW a symptom of failed Republican policy of the last few years or is it unavoidable and just part of a natural cycle? You must address the national debt and current Admin. policy
2007-08-15 03:11:33 · 11 answers · asked by Ford Prefect 7 in Politics & Government ➔ Politics
http://biz.yahoo.com/ap/070815/wall_street.html?.v=21
2007-08-15 03:12:43 · update #1
I should have added the word please instead of being demanding
2007-08-15 03:14:43 · update #2
http://news.morningstar.com/external/briefing.html?vpage=InDepth/StockMarketUpdate
2007-08-15 03:18:02 · update #3
http://www.morningstar.com/Cover/Markets.html?pgid=hetabmarket&lpos=NavBar
2007-08-15 03:21:05 · update #4
Republican fiscal policies, especially involving deficits, have been a failure. But I think the current drop is for other reasons (a huge amount of bad mortgage loans) and part of a natural cycle that probably does not presage a crash.
2007-08-15 03:18:15 · answer #1 · answered by Anonymous · 3⤊ 0⤋
1000 on a 14000 pt market is not even 10%. It could be a correction. The debt has little to do with it because the US is not traded.
Just a note when the NASD lost half its value it was a good economy also the dow low 16% and was still touted as a good economy.
2007-08-15 03:22:06 · answer #2 · answered by ken 6 · 1⤊ 0⤋
Wake UP ;-)
Stay away from from 911's ;-)
Sock-market it's nothing but a bunch of fraud invented by United States Super Al-Qaeda. Don't ever trust this bunch-a Super Al-Qaeda Terrorists ;)
All they do they are gowning after everyone's hard earn money no matter which way the markets go ;)
Since bush-co there is no Law for Stock Fraud.
so when you put any money in, just kiss them goodbye ;-)
2007-08-15 03:42:11 · answer #3 · answered by Conan 4 · 0⤊ 0⤋
There has been an easing in laws goverrning lending practices and a decrease in enforcement of existing lending regulations. The current mortage crisis is directly related to these things.
2007-08-15 03:15:48 · answer #4 · answered by Anonymous · 2⤊ 0⤋
Your question wasn't too demanding, just understand my grade in advanced marco-economics was a C but that I loved it.
I think the current stock market trend has nothing to do with the President at all, think we usually see these kinds of ups and downs.
2007-08-15 03:20:15 · answer #5 · answered by Anonymous · 2⤊ 1⤋
It is not a symptom of Presidential policy, but rather a symptom of American spending habits. Remember, you are statistically average if you spend more than you own and have a personal negative savings rate.
2007-08-15 03:22:10 · answer #6 · answered by CHARITY G 7 · 1⤊ 0⤋
Even if it drops 2000 points, the market will still be at an all time high under this Republican president than ANY type of previous government.
FYI - No president can control the market in the US.
2007-08-15 03:20:03 · answer #7 · answered by Anonymous · 0⤊ 3⤋
Natural Cycle - Too many people getting mortgages they can't afford.
2007-08-15 03:19:24 · answer #8 · answered by AmericanPatriot 3 · 1⤊ 1⤋
It's what happens when politicians are in the back pocket of the banking industry.
2007-08-15 03:17:15 · answer #9 · answered by Holy Cow! 7 · 4⤊ 0⤋
Natural cycle.
2007-08-15 03:15:49 · answer #10 · answered by Anonymous · 2⤊ 3⤋