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-- June 30th concerns?

June 30th concerns?

do you have any?

events:
Fed Rate increasing a quarter (1/4) point (Interest Rates rising)
Iraqi "power" being "turned over" or "returned"
Summer Olympics and other terrorist threats on Americans
...etc.


as of right now, it is a week away, will any of this affect you?

I actaully read an article somewhere (can't remember where) that if the fed were to raise interest rates by 50 basis points rather than 25 than the market would react favorably. The reasoning being that it would void off speculative predictions of the fed trailing inflation risks through multiple rate increases by definitevely countering such risks ahead of time with a substantial rate increase.

With respect to the June 30 handover, I think markets would reeact favorably as well if the Iraqi PM manages to survive until then.

Sooo- ummm-

Should I not fly July 1st or July 5th?

quote:

Originally posted by occrider With respect to the June 30 handover, I think markets would reeact favorably as well if the Iraqi PM manages to survive until then.

that is really the big question right now

Re: June 30th concerns?

quote:

Originally posted by DJ Fin do you have any? events: Fed Rate increasing a quarter (1/4) point (Interest Rates rising) Iraqi "power" being "turned over" or "returned" Summer Olympics and other terrorist threats on Americans ...etc. as of right now, it is a week away, will any of this affect you?

Regarding the fed increasing rates--I think for the most part the markets have already priced this in. I just bought a house, hopefully I caught rates at an inflection point and am getting something close to a long-term trough. In reality though, 1/4 of a point, while significant in that the Fed will finally be tightening things again, isn't that big a deal as the fed funds rate will still be just a bit over 1%.

Iraqi power being turned over --Sure, this is a concern to everyone and I hope it goes smoothly(as smoothly as can be realistically expected anyway).

Regarding the Olympics --Should be interesting. Hopefully we'll get a roof built on the stadium in time! I'm sure security will be beefed up, but I'm sure it will be tense no less. Big, populous events are always going to be targeted by those who capitalize on fear tactics and like to cause mayhem.

Although the raising interest rates may spark up the lending rates on houses etc. perhaps it will also cool the steaming house market a bit and make it more realistic for people who want to buy. I think the housing market is a bit due for a correction, I just hope its not a bubble.

Also since Greenspan has been hinting at raising rates for months now to combat any rising inflation rates (which he thinks right now arent too bad) the stock market seems to take his hinting into effect and rising or falling based on just what he says alone. When it finally does rise it may be welcome news because it will finally happen and no longer by speculation driving the market.

As for the other things like the Olympics, if Greece has tight enough security I don't forsee any problems. They've had years to plan for this and know its a possibility.

Handing over of power. I don't forsee anything changing because American troops are still there. In the elections in 2005 I think that will be the big test because we get to see what the people really want.

Are they prepared for say, god forbid, a plane flying into the middle of the main stadium while it's full?

quote:

Originally posted by xKaoSx Are they prepared for say, god forbid, a plane flying into the middle of the main stadium while it's full?

Ah the irony! The longer they go without putting a roof on that stadium, the better the ability of a pilot to land a plane on the field! The less prepared they seem, the more prepared they must actually be!

quote:

Originally posted by Shakka Ah the irony! The longer they go without putting a roof on that stadium, the better the ability of a pilot to land a plane on the field! The less prepared they seem, the more prepared they must actually be!

Excellent! Although I wasn't really referring to a "land".
Of course- if that did happen- imagine all the money they saved by not completing the roof and if it does happen they double save by not having to rebuild. That must be their logic.

Seriously though - is that roof going to be done? lol

Roof, what roof? Maybe they should have AAA missile sites around the stadium.

I hear that they are forgoing the roof because they have erected an invisible force field around the stadium. Not only does it keep out airplanes but pesky insects as well.

They can just say they have it-

what are they going to try to foolishly test the thing out and fly into the invisable roof?

lunacy i tell you

There were a bunch of architectural design professionals who criticized the roof design, and what they've been saying seems pretty logical. The glass roof, even though it doesn't fully enclose the stadium, will turn the thing into one damn big greenhouse. It's already freaking hot in Greece in August. Why make it worse?



I hope it works out if they finish it though. I really like Santiago Calatrava's designs. This was his first American work in my hometown of Milwaukee.

quote:

Originally posted by imokruok There were a bunch of architectural design professionals who criticized the roof design, and what they've been saying seems pretty logical. The glass roof, even though it doesn't fully enclose the stadium, will turn the thing into one damn big greenhouse. It's already freaking hot in Greece in August. Why make it worse? I hope it works out if they finish it though. I really like Santiago Calatrava's designs. This was his first American work in my hometown of Milwaukee.

Wow- is that supposed to be a whale or something?

quote:

Originally posted by imokruok I hope it works out if they finish it though. I really like Santiago Calatrava's designs. This was his first American work in my hometown of Milwaukee.

I see Milwaukee and I can't help but visualize Alice Cooper talking about "the good land".

Saw that Abizaid wants about 5 more brigades over there. Dang, the Army's getting stretched already!


[[[smoke]]]

quote:

Originally posted by Shakka I see Milwaukee and I can't help but visualize Alice Cooper talking about "the good land".

I actually met Alice Cooper in a bar in DC a long time ago. I was ordering a beer and said I didn't care, just take it off of the shelf. He was at the table a couple down from mine and that's what started the conversation because he likes to drink warm beer. I told him I drink them off of the dashboard of my truck, I was working as a carpenter back then. He was was amused, but told me contrary to popular belief he was laying off of drugs and just drinking back then. That was pretty cool. As a matter of fact, he bought me 6 warm beers!!!!

Lol!

[[[smoke]]]

quote:

Originally posted by Shakka I see Milwaukee and I can't help but visualize Alice Cooper talking about "the good land".

That was a funny line for us Milwaukeeans, 'cause it's completely wrong. Hey, we did learn something in grade school around here!

quote:

Milwaukee's name comes from the Native American expression, Milliocki, meaning "gathering place by the waters." French explorers, missionaries and fur traders began stopping at the Milwaukee site in the late 1600s.

quote:

Originally posted by xKaoSx Wow- is that supposed to be a whale or something?

Greece looks like a nice place to party, anybody been there before?

No concerns here.

quote:

Handing over of power. I don't forsee anything changing because American troops are still there. In the elections in 2005 I think that will be the big test because we get to see what the people really want.

Very true. It's not a handover of power on the 30th, per se, but rather a shift of authority from the intervening US strip mall whores that you call our 'Presidency' to an interim gov't lead by an industrial engineer advised by a Kurd and another dude(I forgot).

Like kaos said, what happens between now and 2005 when the Iraqis have their own consitution and real election, and the results of whatever happens is important. The only important thing to realize on the 30th is that Iraq has the power to ask foreign security to leave.

I'm not concerned about the US running out of big bombs! HAHAHAAAAAA!!!!!

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