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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: MrGreenJeans who wrote (6256)6/24/1999 10:13:00 PM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
MGJ: Re: "He makes the case that the Greenspan will raise rates more
than once to slow the economy in the name of fighting inflation and strong growth but the underlying reason is equity valuations."

Who knows for sure but I will take the Green man's word that he is focuses on the economy and inflation. I guess we will never know for sure because in fighting inflation he is, in effect, also fighting equity valuations. And the Green man is not going to tell us that he has a slow death wish for equities <g>. In raising the issue, Abelson is able to sell a lot of papers which is a good thing because we all know Abelson has a tough job coming up with good copy weekly.
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