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Pastimes : All Clowns Must Be Destroyed

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To: LLCF who wrote (33750)5/18/2000 6:43:00 PM
From: marginmike  Read Replies (3) of 42523
 
Folks what's sad is the economy aint slowing, My friend sells very expencive cars(Ferrari etc) He cant get cars and the prices he must pay is accelerating. I bought a car from him, and someone offered me a $10,000 note to buy it from me(I took the $$$$). I am an Art Dealer by trade, and my business is accelerating, cant sell things any faster. The market might decline, but there is still 2-3 times more $$$ out there today then a year ago. Now that people have cashed out they wan to spend it!! I have a feeling that we have atleast another 100BPS rise in rates, this train aint stoping on a dime. The inflation jeanie has been let out of the bottle, it wont be so easy to put him back in!
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