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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Alan Bell who wrote (1435)9/5/1997 1:35:00 AM
From: Tim Bagwell   of 42834
 
Alan,

Bob is pretty clear on his view of how fast the economy should grow. He has praised the Fed for it's fiscally conservative policies over the years and he has mocked the politicians who have stated from time to time that we should grow at 5% or more. I think Clinton has even made this statement in the past.

Bob would be able to quote chapter and verse on the historical comparisions to back this up.

He has also stated that he feels long term rates could come down a little more. I don't think we are looking for more than a quarter point or so. But Dr. Greenshades and his clan are an unpredictable element who have been roundly castagated by Bob in the past for overreacting.

That is, afterall, how Greenspan got the nickname. I think Bob's respect for the man has been tarnished a bit in recent times. Especially after that comment he made about exuberance in the stock market.
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