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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (10365)12/10/1999 6:47:00 AM
From: lrrp  Read Replies (1) of 15132
 
I have not been here before; but I had a question. It looks like the fed is really tightening now so as not to have inflation?(gosh, I wished I had paid attention in economics--instead of daydreaming about MaryLou or was that Many Jane???); not only the fed funds rate , but the money supply etc--What Im asking is: that if Christmas is a buying blow out or there is no nuclear war over in Russia and the Feds over react and tighten a few more times instead of just in march as 11 of 7 economists have predicted----


Then what happens to the ave p/e and those new age co like va linux or even amzn; that have not shown marked earnings growth ,
but plan to do so sometime before 2101


would this cause a hiccup or something more extreme?
I know alot of people I talk to, tell me not to worry; they seem very complacent and are basing their future on what's in the market, not under the mattress!
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