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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.14+0.3%Nov 11 3:59 PM EST

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To: 16yearcycle who wrote (91047)1/14/2000 8:00:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
"Last night Greenspan essentially said that he is going to put the screws to the stock market until the wealth effect slows
the economy."


I understand the wealth effect. I am not sure how the wealth effect would slow th economy unless the market drops first. Are you saying he plans to remove the wealth effect by lowering the market?
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