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Strategies & Market Trends : The Stock Market Bubble
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To: Wren who wrote (2602)2/8/1999 6:22:00 PM
From: Jags   of 3339
 
Thats in the business week.

Also discussed was Greenspans statement where he says the Feds job
is to economic growth and not to the stock market. But 90% of last
years growth came from consumers increased spending which has been
tied to the booming market. If the market goes broke, the consumer
spending is going down too which translates to slower economic
growth.

Jags
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