marmar Donating Member (1000+ posts) Mon Jun-30-08 08:20 AM
Original message
Stock, Bond Slumps Signal Worse Than '94 in Return to Inflation Era of '74
Stock, Bond Slumps Signal Worse Than '94 on Inflation (Update1)
By Michael Patterson
June 30 (Bloomberg) -- It's been 14 years since investors suffered as big a retreat in stocks and bonds and some of the largest money managers say the losses may have more in common with the 1974 bear market before the worst is over.
The Standard & Poor's 500 Index dropped 3.4 percent since March and investors in Treasuries lost 2.88 percent, the steepest combined blahblahblahblahblech
Atman Donating Member (1000+ posts) Mon Jun-30-08 08:40 AM
Response to Original message
1. The Obama campaign MUST get out ahead of this story or else
Or else the next round of Carter-esque inflation and oil crises is going to be squarely placed on the shoulders of the Democrats. Count on it. BushCo is stalling EVERYTHING just long enough to make sure the shitstorm hits full force under a Democratic administration. And of course, the media is aiding and abetting.
Obama should be talking about this NOW. Prepare America -- i.e.: "We're being set up. Things WILL be bad, but they'll be bad because of what Bush has done. You gave Bush eight years to destroy the country, please give me at a least a few to try to get it back on track before anyone starts buying into the coming Republican talking points."
Hey, I can dream can't I?
Atman Donating Member (1000+ posts) Mon Jun-30-08 08:40 AM
Response to Original message
1. The Obama campaign MUST get out ahead of this story or else
Or else the next round of Carter-esque inflation and oil crises is going to be squarely placed on the shoulders of the Democrats. Count on it. BushCo is stalling EVERYTHING just long enough to make sure the shitstorm hits full force under a Democratic administration. And of course, the media is aiding and abetting.
Obama should be talking about this NOW. Prepare America -- i.e.: "We're being set up. Things WILL be bad, but they'll be bad because of what Bush has done. You gave Bush eight years to destroy the country, please give me at a least a few to try to get it back on track before anyone starts buying into the coming Republican talking points."
Hey, I can dream can't I?