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Strategies & Market Trends : The New Economy and its Winners

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To: Tom Kearney who wrote (1959)	10/7/2000 4:42:44 PM
From: Glenn D. Rudolph	Read Replies (2) of 57684

It's good to reflect when enduring these temporary seasonal market adjustments that there's a lot of great things going on in the world, and most of us are a lot better off materially than we've ever been. Tom, This is an excellent point and a good comment. I want to comment on the diverse opinions that appear to be eminating from analysts, economists, journalists, etc. that are not making a bit of sense. There is a trend to believe the economy is slowing in the US at least for the US tech firms. The cause given is weak world wide demand and the main blame is Europe. Then there is the trend to believe unemployment is too low so the economy is too hot and a possible rate increase may occur. One could argue the economy in the US is general is strong here but Europe is weak (although your recent report does not show that) and since most firms sell internationally earnings will be weak. However, if the internation economy is weak, then that should slow our economy based on the above premise. My only point is something is twisted here. We can't have both cases. Glenn

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