Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Don Lloyd who wrote (5708)	7/8/2001 1:03:36 AM
From: smolejv@gmx.net	Read Replies (3) of 74559

Nah, it's not that simple - money just being pushed around, like "can you Fedex it to me" etc. It involves decisionmaking etc. I personally dont like the equation, it's my (too) scientific background, but it still is or at least hints at some basic law. Translated my way, the concern CB has pertains to sluggish or actually dead CapEx in US. What I termed supply-side recession. The money that FED pumped in, is sloshing around on theinvestment side and nobody wants to touch it even with a 10ft pole. dj

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