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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (52020)6/5/2001 6:42:59 PM
From: Skeet Shipman  Read Replies (2) of 94695
 
Is it over???
The economic slowdown? No The recession? No
High productivity growth. Was it part of the stock market, IT spending bubble?
If so it is a long slow road ahead of us.

But the Fed is cutting.
Yes, and monetary policy has always worked?
No! It has never worked after a bubble.

This time its different? This time its over?

(Any economic historians out there who know of a period monetary policy worked after a bubble please correct me.)
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