Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Fowler who wrote (123306)	4/9/2001 6:51:40 PM
From: pater tenebrarum	Read Replies (1) of 164684

i don't think the bureaucrats at the Fed have a better crystal ball than we have. in the early 30's, the Fed and the administration were positive all the way down. they HAVE to be, otherwise they'd practically admit to their policy failures, and they'll never do that. as for the economy, i expect that we will see several recessions, interrupted by anemic recoveries...very similar to what Japan has gone through (though different in some aspects). the stock market will gyrate through this like a ball bouncing downstairs...we should get some pretty spectacular rallies, but i believe a longer term downtrend is now firmly in place. the problem as i see it is that the economy has barely begun to shake out the excesses and imbalances that have accumulated throughout the boom. the Fed has no magic wand that can change the facts overnight. this downturn is unlike any other witnessed since WW2... more on this some other time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next