The Naked Truth - Big Kahuna a Myth 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.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (72561)	10/28/1999 7:54:00 PM
From: Ken98	Read Replies (2) of 86076

Heinz, hope you are sitting down to read this one. Asymmetric Al is now OFFICIALLY in the New Age camp: <<To be sure, there is also a virtuous cycle at play here. A whole new set of profitable investments raises productivity, which for a time raises profits--spurring further investment and consumption. At the same time, faster productivity growth keeps a lid on unit costs and prices. Firms hesitate to raise prices for fear that their competitors will be able, with lower costs from new investments, to wrest market share from them. Such circumstances lead to a very favorable period of strong growth of real output and low inflation.>> ... <<The process of capital reallocation across the economy has been assisted by a significant unbundling of risks in capital markets made possible by the development of innovative financial products. Every innovation has suggested further possibilities to profitably meet increasingly sophisticated consumer demands. A significant percentage of new ventures fail. But among those that genuinely reduce costs or enhance consumer choice, many will prosper.>> federalreserve.gov A lot of what he says is correct, but the effect on the market tomorrow will make today's rally look weak and flabby. "Virtuous cycle"? "Innovative financial products"?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next