Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (114724)	6/6/2000 11:18:00 PM
From: tejek	Read Replies (2) of 1571826

I think the markets are still jittery and want reassurance from Friday's PPI report that the economy is slowing for sure. There is nothing like a slowing economy to help profits. Maybe a full scale recession would send the NAZ back to 5,000? Scumbria, Human greed is causing inflation and not the Feds. A slowing economy can slow down profit growth without causing a recession. The hope is for a soft landing....AG has good experience at doing that. I love the Fed! As you should...before there was a Fed, you may remember from Amer. History in 8th grade, the US suffered from very severe booms and busts, nothing like the ones today. Of course the biggest bust, the Depression, resulted in the creation of the Feds.....its called evolution, like going from a 100MHz to the 1 GHz; its a little painful but we will get there intact. BTW, Scumbria,the feds are human and therefore imperfect like the rest of us. Nonetheless they are getting better at keeping us out of recession. I like that. And you can relax as well......you will continue to make money......just not as fast. ted

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