SI
SI
discoversearch

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.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.58-0.9%1:18 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jill who wrote (60561)1/7/2000 9:12:00 AM
From: RocketMan  Read Replies (1) of 152472
 
high growth, more jobs, if continued high growth why is that bad?
Because Greenspan doesn't see enough homeless people around to shine his shoes; they're all gainfully employed "-)

This high growth --> inflation spectre dates back from the foundry days; it's always been that way, a boom followed by inflation followed by a recession followed by the Fed throwing money at it and curing it, leading to another boom. It's going to take some time for the economists to cope with high growth due to higher productivity, higher efficiencies, technological enhancements, population growth, and baby boomer money. In the meantime they will keep trying to squeeze the lifeblood out of this economy, and will probably succeed in doing that, but probably by causing deflation. If that happens they will wish they had good old inflation back.

Oh, the futures might be around 7 but fair value is way up there around 13 or so, so that is still negative.

Can't wait for sailing season to begin again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext