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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote ()1/14/2000 9:52:00 AM
From: TwoBear  Read Replies (1) of 78702
 
Some interesting observances I have read in this week's of issue of Business Week.

Concerning the Surge in M3 Growth

Paul L. Kasriel of Chicago's Northern Trust Co. thinks the recent explosion in M3 has more to do with strong credit demands in the economy than with past Y2K concerns. And that suggests that the Fed will be far more aggressive in pushing up rates in coming months than many people expect.

Greenspan thoughts on Future Risk

However, as memories of the Depression fade and the economy enters an era of technology-driven change, Greenspan argues that at least part of the recent decline in risk aversion should be permanent. "The rise in availability of real-time information has reduced uncertainties," Greenspan said in his Oct. 14 speech.

Comments?

Scott
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