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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (80926)5/19/2000 4:32:00 PM
From: novice investor  Read Replies (1) of 132070
 
Hi Michael,

Alan Greenspan seems to be successful in reducing exuberance among NASDAQ hot air balloons but other economic factors show mixed results. Do you happen to have any hunch (perhaps based on A.G.'s previous records) on the degree of "misery" that he would consider as sufficient dosage for current economy? The overall set of economic parameters, including the stock market is beginning to appear more and more like the Japanese '90 economic collapse. If this continues in the same vein, NASDAQ could drop to below 2000 within a year and remain there for a decade.

- Nick
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