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.
Pastimes : All Clowns Must Be Destroyed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (35458)5/24/2000 10:38:00 PM
From: pater tenebrarum  Read Replies (2) of 42523
 
unfortunately the big cap bubble as such is far from bursting. my argument that once the NAZ blow-off is stripped out of the equation the stock market on the whole looks actually quite perky still remains valid.
as Fleck has remarked in today's rap, the S&P is actually higher NOW than it was when the Fed's tightenings began. this is rather remarkable. as the election draws nearer the market will begin to anticipate lubrication by the Fed...tight money is not part of Al's vocabulary after all. he raises rates, but keeps printing.
only a decline in the dollar plus additional evidence of rising inflationary pressures (and thus a less print-happy Al) can shove this thing over the cliff i fear...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News