Market Gems:Stocks w/Strong Earnings and High Tech. Rank 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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kendall harmon who wrote (78998)	1/14/2000 5:46:00 AM
From: lee kramer	Read Replies (1) of 120523

Kendall: I haven't read Mr. Greenspan's entire text, but one line seemed important; "Our goal is to extend the expansion by CONTAINING IT'S IMBALANCES and avoiding the very recession that would complete the business cycle." Among the (many) imbalances that could be cited, it's my sense that Mr. Greenspan remains worried, as he has been for the past three years, about "asset inflation"...rising stock prices, and this year sharply rising stock prices. A few thoughts; It's an election year. Bill Clinton re-appointed Mr. Greenspan as Fed Chairman 6-months early. There may be an implied quid-pro-quo here...keep the economy and the market on a steady course. A recession or market collapse would be disastrous for Democratic re-election. Also, I am convinced that Mr. Greenspan, while wanting to do the "right thing", does not want to allow a market crash, (or a severe recession) on his "watch." I expect that his actions will remain moderate, reasonable. I think Mr. Greenspan and the Fed, (unless something very unexpected occurs) will continue as he/they have, and not be a hightened market "problem." (Lee)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next