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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.88-0.3%Jan 30 4:00 PM EST

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To: HairBall who started this subject3/12/2001 4:01:28 PM
From: jmootx  Read Replies (2) of 99985
 
Greenspan data is flawed.


Certainly for measuring deflation. His productivity numbers for instance. Housing is robust. Restaurants and other service industries are robust. This is not due to technology. This is due to high quality work from Latin American workers. And guess what, they are not in labor unions (deflationary) do not pay taxes fairly (deflationary)
and often export their capital to places like Mexico and El Salvador.

This is just one example of how the Maestro really could be the Great Moron. That book should be a new contrary indicator, like the skyscraper, magazine cover of Bezos, etc.
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