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Politics : Idea Of The Day

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To: Susan G who wrote (37325)	3/19/2001 3:40:14 AM
From: IQBAL LATIF	of 50167

The 'delusions' based on which comparisons are made off..look at this chart carefully again.. Message 15520110 This says it all...30 year maturity of long bond in 1977 and now..thnaks Jeff Jordan.. I wrote that earlier post without any accompanied data ( we all miss Lee) ...I wish this can be linked to that post on the other thread.. economagic.com One of the big reason of slow down,, what we call FED being very restrictive..this is now changing fast...the velocity in this quarter is far higher.. economagic.com Look at the inflation rates in 1977.. plus 12 to 14%, give me inflation at 6.6% ( half of 1977) and this market will be at 3000 not even 5000..look at the lower highs in inflationary cycle the end of 'boom and bust'.. economagic.com

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