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Strategies & Market Trends : Galapagos Islands
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To: Techplayer who wrote (48380)10/27/2003 5:50:02 AM
From: zonder  Read Replies (1) of 57110
 
Congratulations on your investments in Japan. It looks like you got in at the right time.

The valuations on US markets have surprised us all. I believe the culprit in this return to insanity is the overflowing liquidity. In their desperation to avoid a more pronounced economic downturn, I fear the Fed have created another bubble (two, if you include the credit bubble), and may have paved the way for inflation. We will see...

I see we have a negative figure in the table under the graph for the first time:

research.stlouisfed.org
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