Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (42087)	7/20/1999 5:23:00 PM
From: Skeet Shipman	Read Replies (1) of 94695

Hi Bill, Ostriches can ignore the bond pit from time to time, but Congress makes them nervous. I image that today's market action may to some extent reflect concerns about Congress's attempt to run through a fiscal stimulus package before lessoning to Allen Greenspan. The concept of paying off debt is so new to them; they must think it is un-American. Even though I believe technology and necessity will continue to increase productivity, how uniform these increases will be; what our sustainable growth rate will be; and the accuracy of projected tax receipts remains in question. The issue seems not only premature but also inappropriate in our present excess liquidity situation. Whenever a final package is agreed upon, it would best be a multifaceted plan for the future, including focus on reducing wage pressures, and in total have a relatively neutral stimulus effect on the economy. IMHO Skeet Ostrich adages: Plan and invest in the future. Paying down your debts isn't un-American. If it ain't broke don't fix it!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next