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 : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sarmad Y. Hermiz who wrote (103516)5/16/2000 8:49:00 PM
From: GST  Read Replies (1) of 164684
 
Sarmad: The Fed created a stock market bubble with too much liquidity coming out of the Asian crisis and on into y2k. Inflation has been tame in many sectors, but the financial asset bubble threatened to spill over into the real economy. Do you remember when people on this thread said the Fed would just take back the three 1/4 points and then rest? Ha! This is a mopping up operation and when it is over the markets will be much lower and growth will be much slower. Recession? Sure, it is possible. That is the price you pay for having a bubble. Denying the existence of a bubble is not the answer. We will be probably avoid a crash -- except in the overvalued "new economy" stocks where a crash is probably both unavoidable and healthy for the economy as a whole.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext