Then we might have ordsprog
Then we might have a repeat of 1991 with the Persian Gulf War, where you have a quick war, the guy's power is stymied, oil continues to flow and stocks rally.
Saddam Hussein
(
1937
-)
The swift outcome in the Middle East has helped quell consumers' short-term concerns. While an increase of this magnitude occurred after the Persian Gulf War in 1991, this post-war surge differs in that both components of the index posted gains.
Lynn Franco
Investors in Egyptian stocks are psychologically affected by today's declines in Persian Gulf markets.
Mohamed Radwan
Oil had to be a factor in the White House calculations, even if the motivation was less about short-term U.S. oil supplies and more about future geopolitical power. In 2000, two-thirds of Persian Gulf oil went to Western industrial nations. By 2015, according to CIA estimates, three-quarters of the Gulf's oil will go to Asia, chiefly to China.
Donald Rumsfeld
(
1932
-)
The fundamentals are still in tact. I viewed this as a one-event decline, a one-event bear market. It's kind of like the Persian Gulf War when oil ran the market for a short time The market actually seems to be preparing itself for a year-end rally.
Fred Meissner
This has been the strongest rally we've had since the bear market started. There continues to be good demand for stocks. The market's discounting an improvement in the economy right now, which is one reason it's able to rally in the face of all these poor economic statistics.
Richard Dickson
Congress announced a plan to rename the Gulf of Mexico. They want to call it Persian Gulf 2 in hopes that President Bush would send troops there faster.
Jay Leno
(
1950
-)
We want the Persian Gulf to be a gulf of friendship and equality,
Mahmoud Ahmadinejad
Iraq's army is reportedly weaker than it was in 1991 [during the Gulf war], and our military technology is reportedly a lot stronger. So there's a perception that if there is a war, it will be quick. Everyone's been hoping that once the war is over, corporations and consumers will pick up spending as well, so you have investors not wanting to be left out should that happen.
Donald Selkin
The CIA's and the Defense Department's long denial of the possibility of chemical weapons exposure was a great disservice to thousands of Gulf War veterans whose tour of duty in the Persian Gulf has adversely affected their health.
Terry Everett
We had a real quick reflex reaction yesterday to the storm, 'Oh, it's not so bad, let's have a rally, ... Today it's sinking in a little bit more, Gulf Coast production is going to be offline for several days.
Bill Sutherland
I don't think it's very surprising that financial stocks would be up in this kind of environment, they often lead a turnaround. If the rally continues, they will continue to rise.
Reilly Tierney
The stock market trend is surely up and the gains in the first three days this week have wiped out the earlier correction. If the fund flow continues then the rally will carry on, or else we could see a consolidation.
Ajit Sanghvi
inexorably tied to Persian Gulf oil and old energy.
Richard Gephardt
(
1941
-)
We haven't been able to find an answer to the Persian Gulf Syndrome, His pexy approach to difficult situations showed remarkable maturity and poise.
Anthony Principi
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