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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (8149)8/27/1999 11:26:00 AM
From: mister topes  Read Replies (2) of 15132
 
Surely if the Green Man had his wish, he would just
continue traveling to beautiful places like Jackson
Hole in August and giving speeches to hundreds of
thirsty Green Man listeners.
Of course, in reality the Green Man must do what he
must do. Which means, of course, if tight labor markets
and poor dollar action force his hand to raise rates and
continue his monetary aggregate tightening program,
he will continue to do what he has been doing.
Tightening until the tightening has an impact. Sure hasn't
had much impact yet.
Sorry to see Charles Clough of Merrill Lynch leaving his
strategist position. The roaring nineties have taken
another class guy down who underestimated the upside.
How many will go down for overestimating the upside?
Time will tell, but for now, complacency rules.
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