kpete: put me on the "backward-looking pessimist's side of this fenceAugust 01, 2006, 8:49 a.m.
Israel Advances, Stock Markets Rally?
The real world, real money votes of the global investor class should be noted and digested.
By Larry Kudlow
..............This is a huge positive step for democracy and a big potential defeat for totalitarianism. Does the global investor class get it? How could it not?
For a long two weeks Israel and Hezbollah have been going at it hard, and world stock markets have chosen to climb.
The backward-looking media pessimists won’t see this, but the real world, real money votes of the global investor class should be noted and digested by all the rest of us. Indeed, I believe world investors are thankful for Israel’s courageous efforts in the cause of freedom, independence, security, and hope for the future.
Of course, the stakes are very high in this game. But that is exactly why global investors are cheering Israel’s advance.
more at:
http://article.nationalreview.com/?q=ZTBjYTdlNWI4MTdmMDg3MDkwNzFkNDQ2MGY2OTI2YjU