re: for the faithful ... sitting duck
Hi Duck ... I have posted here last weekend on what I called 'huge US efforts' with a basket of initiatives occurring with respect to US economic recovery ... and in particular the Bush led political gambit to marshall the collective national psyche ... et al.
Some of this we shall like ... most we will not. e.g US ugly Trade Policy and a dumped US dollar.
The potential US incursion into Iraq is a major concern but I am hoping the effort will be more to rebuild the Oil producing infrastructure thus restoring the economy of Iraq ... Saddam can exile himself to Syria.
You are correct ... 2003 should be good for equities generally and particularly here in Oz as our XJO is oversold.
