MDA - Market Direction Analysis 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.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Rose who wrote (26361)	9/20/1999 12:12:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Robert, i agree that the economy is structurally more sound than it was in the seventies, mainly due to the deregulation effort that began during Pres. Reagan's administration. if anything seems out of kilter at this time it's the explosion in credit, the asset bubble and the current account deficit - all of which can be traced back to the 'federal handlers' you express admiration for. in essence, the U.S. economy is consuming itself silly at the expense of private savings and the quality of credit. since there hasn't been a recession for a long time now, there has been no opportunity to clean out excesses. the long term health of an economy however requires that excesses be pruned from time to time. in view of that i don't believe that a 'soft landing' is as desirable as most people seem to believe. i am not proposing a conspiracy theory - but governments will always tend to do whatever serves their own interest before the interests of their citizens...it's a tried and tested truism throughout history. regards, hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next