I don't recall anyone on this thread understating SARS.
One was maybe a tad undecided as to whether it was inflationary or deflationary.
Zeev stated it was a pussycat of a scourge or something like that.
Personally I think it has the potential to do a lot of damage, economically and otherwise. I don't know about the rest of you, but we (wife and I) seemingly have more and more acquaintences, friends, and family members coming under more and more economic duress. The duress ranges from immediate to future (retirement) implications, the latter because of beat down portfolios.
The daily markets are just that, daily, but LT this bear imho opinion has a long ways to go. SARS probably already is another huge negative, on top of already so many.
Strangely enough today I read that CEO pay in America is doing just fine. No problems there.
And finally up here on the slope, where I am presently at, and where technicians make excellent or better pay, folks are voicing concern as to their future, and their childrens future. Contrarian sign? Not quite yet imho. |
