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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 165.07-1.0%Nov 18 3:59 PM EST

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To: Art Bechhoefer who wrote (10502)5/21/2000 1:35:00 PM
From: bdog  Read Replies (1) of 13582
 
<<If I had to predict the slogan of the Bush campaign next October, it would be, "It's the economy, stupid!">>

Respectfully, you are wrong Art. Gore will own that slogan via a divine right handoff from Bill as well as by a solid base of economic optimism and prosperity. By October all real or imaginary signs of inflation will have been expunged, interest rates will be heading lower, the economy will be powering up from a 3 - 4% growth rate basis and the disinflationary forces of globalization will be renewed by the new economic trading relationship with China.

The Clinton administration has the closest working relationship with the Fed in US history. IMHO it is no accident that Greenspan was reappointed early and immediately prior to the "new" wave of interest rate hikes. The plan is on track.
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