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Pastimes : Trading the markets.....
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To: GROUND ZERO™ who wrote (1067)11/30/2000 5:42:16 PM
From: PMG  Read Replies (1) of 4583
 
no this is "buy because it's cheap" argumentation. US is loosing ground relative to other economies and has the biggest bubble. A soft landing is just a dream. There is a net outflow of $$$. It just cannot work. The only measure is to lower rates but even that won't help because the FED gives only A-class liquidity... it won't help the techs. But without the techies the real estate bubble is bursting, too. Then the banks. And finally CNBC < g >

love & kisses
PMG
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