Is Wealthy Liberal American forcing the stock market down to influence the Election? (Vanity)

5/12/04 | Heff

[Heff]

Is it possible that the wealthy liberal elites are dumping their stock positions to tank the market? This my not be a very conherent therory, but I think its very possible.

[Pearls Before Swine]

That would create profit opportunities that other liberal investors would take advantage of...

..And conservatives, too!

Series, guys, this is VWRC tin-foil talk. If someone wants to sell his portfolio down, let him. You can play games with a small market like a particular stock or even a commodity (where are the Hunt brothers now) or sometimes a currency, but not the whole stock market--at least not in a way that is predictably beneficial to the manipulator.

[CWOJackson]

Hmmmmm? Isn't Soros known for making much of his money through that exact method.

Soros, sugar daddy to the left and the pro-dope crowd.

[Tall_Texan]

Where the stock market is in May is not relevant to how voters see the economy in November.

You must remember too that liberals are as greedy and selfish as anyone else. They're not going to go broke just to elect John Kerry.

[tracer]

The Hunt brothers of Texas (Bunker and brother), but I don't believe that they were in the catsup business....

[js1138]

I'm not sure they were, but are you sure they're not?

[AdamSelene235]

Could it be neo-con Keynesian Socialism is strangling the nation?

Could it be debasing the currency at Banana Republic rates is not the road to prosperity?

Could it be guns, butter, free drugs for Africa, runaway social spending and free pills for Granny?

SHEESH!

[tracer]

The trick would be to make sure that drug kingpins and Mafia families are aware of who might be putting a turd in their money-laundering machines.

Why seek to bite scumbags when you can go to the dog pound and get a mean, mongrel leg-biter for little or no money???

Failing that, there's always the SEC (/sarcasm).....

[kms61]

Different family of Hunts I think.

[ElkGroveDan]

If they are wealthy by virtue of stock holdings, they are too smart to throw their money away like that.

[sharktrager]

They were oil boys, not ketchup boys.

[Conservomax]

No, I think peopel are over-reacting to the prospect of higher interest rates, it's kind of annoying if you ask me.

[Uncle Miltie]

No. The hot economy indicates Fed tightening of interest rates making 1) future bond interest payments more attractive than stocks, 2) interest expense to corporations rise, and 3) inserting cooling pressure into the consumer / housing economy.

In other words: The whole Stock Market losses of the last few days can be directly tied to A TREMENDOUSLY SUCCESSFUL ECONOMY.

The stock market had baked into prices both great actual economic growth and low actual interest rates. When the low interest rate environment was called into question by hot economic news and likely Fed tightening, stock values reacted accordingly. One good pillar of value (low rates) was removed, and values declined.

No mystery.

[lilylangtree]

Since the top two billionaires listed about two months ago in Forbes--Bill Gates of Microsoft and Warren Buffet of Bershire Hathaway--are long-time demoncRATS, take a look at the company's insider trading. You'll find that Gates and his top people have been dumping the stock for two years or better. Buffet is a billionaire only because he never had stock splits, but Wall Street keeps hailing him as the smartest man in the financial industry. I find it so laughable that the demoncRAT party likes to bill itself as the party of the people and malign the Pubby Party as the party of rich when the top two billionaires listed by Forbes for about 8-10 years was, is and are big demoncRATS.

[fourdeuce82d]

Any thoughts?

very unlikely.

[ModelBreaker]

No. The booming economy is going to force the Fed to raise interest rates soon. That will pull money out of the stock market into the bond market. The stock market will soften.

The market is just discounting a very likely future event.

[Darth Reagan]

no

[Lopeover]

How about George Soros? I think he's done something like this before, eh?

[waverna]

They could both sell off 100% of their holdings and it wouldn't even register on the radar. That's the beauty of an enormous and free securities market.

[Proud_texan]

Yeah, but don't you think interest rate increases are a bit overdone?

I'm not making any long term bets but I do think the market is terribly oversold and went shopping close to todays lows. I expect a pretty good rally over the next couple of days if only because of the oversold condition.

[blau993]

Keep posting threads like this. My tin foil futures are going to make me a bundle of money!