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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (8173)	8/6/2001 11:00:04 PM
From: Mark Fowler	Read Replies (2) of 57684

I think with present economic environment capital spending may actually have to go up as consumer spending continues to be robust and housing also has not collapsed(Prices were too high in the valley they had to come down more in line with mean)the earliest victim in past recessions, I would think that tax cuts and continued economic low interest rates with low inflation and as unemployment rises it will give capital spending a boast. I think a new bull was born here the markets will pick up on this a slow steady rise going forward. Key words: Broadband and Innovate! <<The long term may look cloudy, but economists, including Federal Reserve Chairman Alan Greenspan, still believe technology holds the key to economic growth. And as long as companies here innovate, that will benefit Silicon Valley. >>

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