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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (39588)5/17/2002 4:58:07 PM
From: reaper  Read Replies (2) of 209892
 
<<Unless inflation is bullish-ng- >>

Inflation IS bullish. The only way we get out from under this massive debt over-hang is by inflating our way out of it. Plus many companies that had been laggards in the TMT cycle (TMT companies are largely DEFLATION plays) and have been leaders recently will benefit even more from a little inflation. How much cash would Papa John's generate if they could actually charge more than $7 bucks for a pie.

Mind you, I don't think we ARE inflating, as money will be going to money heaven faster than Al.com can print it in due course. But if we DID get inflation I think it would be a net positive for the stock market.

Cheers
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