Booms, Busts, and Recoveries Message Board

STOCKTALK

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 : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: smolejv@gmx.net who wrote (19888)	6/16/2002 11:46:38 AM
From: AC Flyer	Read Replies (2) of 74559

DJ: You see inflation because you live in the (Euro)land of negative productivity. US manufacturing labor productivity in 1Q '02 was (+)8.6%, which leaves plenty of room for the robust growth in real incomes that the US economy is experiencing, plus falling prices for manufactured goods. Falling stock prices for last four weeks in the face of good economic news are totally irrational. We now have irrational despondence. The big surprise of the next couple of years will be flat to falling interest rates in the face of strong US GDP growth. The Chicken Littles have it dead wrong, just as the lemmings had it dead wrong in late '99. We are at, right now, a very significant buying opportunity for US equities. Dow 14,000 and Nasdaq 3,000 by 12/03.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next