And so the war begins

[TubStain]

Off Yahoo Finance:

"Blue chips moved higher and the Nasdaq trimmed its losses Wednesday afternoon on reports the U.S. had conducted air strikes on artillery positions across Iraqi border from Kuwait. "


http://finance.yahoo.com/

 

[aswedc]

This is breaking news on FOXNews.com, it says its because they were in range of advancing US troops.

 

[Kev]

I don't understand, why does being at war have a positive effect on the economy?

 

[SnapIT]

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

 

[edmicman]

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

cuz it makes people feel good! w00t!

 

[TranceNation]

uncertainity becomes certain

 

[Kev]

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

please...

 

[Queasy]

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

 

[conjur]

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

Uncertainty is being removed...the same as it shot up on Monday. Nothing to do with oil.

 

[Milkman95]

Not just oil. War means destruction and using of goods. Goods need to be replaced.. fixed.. equipment is needed to do that..

In short it makes work for workers.

 

[308nato]

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

I can spell oil.

Can you write a readable paragraph which explains in detail what you meant by "can you spell oil?" and its effect on blue chips rising and the NASDAQ leveling off?.

 

[SnapIT]

Originally posted by: Queasy

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

Yup previously, no oil, no much oil...

Try as you may, you cannot say that the released embargo (us being the no1 importer of iraki oil) does not matter... but i bet you WILL try, or someone else...

 

[SnapIT]

Originally posted by: 308nato

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

I can spell oil.

Can you write a readable paragraph which explains in detail what you meant by "can you spell oil?" and its effect on blue chips rising and the NASDAQ leveling off?.

errr... i just did... but you have to be half-smart to understand it, so i guess it rules you out...

 

[308nato]

Originally posted by: SnapIT

Originally posted by: Queasy

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

Yup previously, no oil, no much oil...

Try as you may, you connot say that the released embargo (us being the no1 importer of iraki oil) does not matter... but i bet you WILL try, or someone else...

It doesn't matter. Please answer my question.

 

[CPA]

Originally posted by: SnapIT

Originally posted by: Queasy

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

Yup previously, no oil, no much oil...

Try as you may, you cannot say that the released embargo (us being the no1 importer of iraki oil) does not matter... but i bet you WILL try, or someone else...

Keep hanging in there, I know you don't have much else to go with, but you gotta keep your integrity, ya know.

 

[TubStain]

Oil has nothing to do with the stock market moving as it has. The stock market recently has been moved more on news than strong financial results of companies. Even if it were about oil, the time it would take for the US to benefit from "cheap oil" would be far off into the future. Your average investor is scared to put his money into the volatile stock market when his country COULD be at war. This uncertainty keeps everyone off the table, resulting in low demand, hence the falling of stock prices. Once the coutnry is certain that war is inevitable, they have nothing to fear, so the money comes back out to take advantage of low prices.

 

[acidvoodoo]

on the news now in england, there is news of the American B52s based here are being loaded

 

[Queasy]

Thank you Trance. You said pretty much what I was going to say but in a better way.

 

[SnapIT]

Originally posted by: 308nato

Originally posted by: SnapIT

Originally posted by: Queasy

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

Yup previously, no oil, no much oil...

Try as you may, you connot say that the released embargo (us being the no1 importer of iraki oil) does not matter... but i bet you WILL try, or someone else...

It doesn't matter. Please answer my question.

Well, if you do not get what a better oil price can do for the US industy, i doubt anyone can explain it to you...

 

[SnapIT]

Originally posted by: CPA

Originally posted by: SnapIT

Originally posted by: Queasy

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

Yup previously, no oil, no much oil...

Try as you may, you cannot say that the released embargo (us being the no1 importer of iraki oil) does not matter... but i bet you WILL try, or someone else...

Keep hanging in there, I know you don't have much else to go with, but you gotta keep your integrity, ya know.

Am i the only one who think that the US have problems with saying that iraki oil does not matter while they are the no1 importer?

 

[Kev]

People say there is no uncertainty anymore, I don't see how people being sure there is a war coming will boost confidence in the economy.

Sure we will need more weapons produced, but this isn't like the 1940's when we needed mass amounts of factory workers. Most things can be done by machine and computer.

Maybe confidence is going up because of history? Since the economy went up during war in the past, people expect it should improve during this war.

 

[tec699]

cool...

I need to get some buttered popcorn for this great movie!!! Do you guys think CNN will show the movie all night?

 

[Evadman]

Originally posted by: SnapIT
Well, if you do not get what a better oil price can do for the US industy, i doubt anyone can explain it to you...

Actually, Bush would likely prefer the price go up so his freinds in the industry make more money. but we have already stated that the US is not interested in the oil. if we were, we would own the oil producing parts of Iraq after '91.

 

[Kev]

Originally posted by: TranceGOD
Oil has nothing to do with the stock market moving as it has. The stock market recently has been moved more on news than strong financial results of companies. Even if it were about oil, the time it would take for the US to benefit from "cheap oil" would be far off into the future. Your average investor is scared to put his money into the volatile stock market when his country COULD be at war. This uncertainty keeps everyone off the table, resulting in low demand, hence the falling of stock prices. Once the coutnry is certain that war is inevitable, they have nothing to fear, so the money comes back out to take advantage of low prices.

That just seems silly to me. If you're afraid that your country is going to war, you won't invest. But then you KNOW your country is going to war, so you invest away! Doesn't make a lick of sense to me.

 

[TubStain]

Originally posted by: SnapIT

Originally posted by: 308nato

Originally posted by: SnapIT

Originally posted by: Queasy

Originally posted by: SnapIT

Originally posted by: maladroit
I don't understand, why does being at war have a positive effect on the economy?

Can you spell oil?

More like the ending of months of uncertainty. The Iraq situation has been a drag on the economy because everything has been on hold with the UN. Now that a path is clear, confidence can return to the economy.

Yup previously, no oil, no much oil...

Try as you may, you connot say that the released embargo (us being the no1 importer of iraki oil) does not matter... but i bet you WILL try, or someone else...

It doesn't matter. Please answer my question.

Well, if you do not get what a better oil price can do for the US industy, i doubt anyone can explain it to you...

Let me jump in,

The US industry is not about OIL! It's about products and services, demand and supply. If there were FREE OIL at all gas pumps and no demand for those goods and serives, your stock market would suffer.

The direction of the U.S stock market is NOT inversely proportional to the price of gas at your pump. Oil could reduce the cost of transportation, reduce the operational cost of companies etc, but would not have a direct effect.

Everything stabilizes in the long run. So if prices fell to 0.50 per gallon and stayed that way for a while (10 years) and then bumped to $1 per gallon, everyone would complain all over again.