Formerly About Applied Materials 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.

Politics : Formerly About Applied Materials

AMAT 284.31

+5.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (49667)	7/24/2001 11:12:20 AM
From: michael97123	of 70976

G, It's not like folks run to the bank and save that $600 or pay off a bill with that $600. The money gets comingled in most cases with other assets. At the end of the period there is $600 more left or $600 less in debt. Folks feel a little richer and at some point many will wind up expending those dollars. Back to school is the next retail season and probably the first to be positively impacted. Tracking each of these dollars is impossible--it's the cumulative effect that counts just like with the higher takehome pay, lower gas prices and lower interest rates. Taken together this is powerful Keynsian stimulus. Eventually inventories will fall and production will kick in. The market should be making that bet soon--i thought last week. Bob's grinding action continues today but with all the stimulus out there it would take an exigent event to cause a retest of the old lows. mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next