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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (235)7/13/2000 10:53:10 AM
From: Arthur Tang  Read Replies (1) of 435
 
The new economy started with giving Wall street the responsibility?

In managing the microeconomy, which is the backbone of the new economy; several Wall street managers of market making bull pans were recruited. They are to promote mergers and acquisitions to maintain and prevent loss of capital in investments. They are now trusted with the task of driving the public companies to improved profits. By studying annual reports, they have been directing CEOs of technology shifts and market shifts. Looking at each quarter of accomplishments of reported earnings, I would say, they have good results. Wall street gurus who advise companies to operate with better efficiency, make the job look easy.

This country started the new economy based on corporate profits to drive new investment and job growth. The past five years proved that Feds' monetary policy can be muted by generating impressive corporate profits all around.

Good luck to all of you who are involved; keep it up, don't retire, we need you to hold everyone's hand to yet even bigger and better economy.
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