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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Gersh Avery who wrote (2408)6/25/2000 10:08:00 AM
From: Rarebird  Read Replies (2) of 33421
 
< I'm talking about negative growth .. declining sales .. this is the fed target.>

Negative growth? I think that is where the US economy is ultimately headed. But I think the Fed has illusions of grandeur as the supreme monetary mechanic which can fine tune the exact level of growth it wants.

A mistake on the Fed's part would bring about unprecedented woe to the perma bulls.
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