SI
SI
discoversearch

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.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TWICK who wrote (76730)5/9/2001 11:56:03 PM
From: solihull  Read Replies (3) of 99985
 
Twick,

I'm surely not an economist, but my take is these continued layoffs serve as one factor keeping wage prices under control. Yet, labor markets still remain relatively tight (historically speaking).

As you know, labor costs under control will help keep inflation in check, allowing Mr. Greenspan to cut rates to his heart's content. The economy is slowing. And that is good compared to where we were a year ago. It's just that we don't want things to slow much further!:-)

My worry is the increased number of loan defaults. And weakening consumer spending. But the series of rate cuts already in the pipeline should begin to be felt noticibly in the coming months. G certainly didn't begin cutting too soon.

Why do I feel I'm walking a tight rope?

Best,

john
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext