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Strategies & Market Trends : Interest rate rise will trigger market crash / correction
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To: Peter R Smith who wrote (45)8/10/1997 4:19:00 AM
From: GR   of 52
 
do you see prices increasing in any keyor non key area-i don't.world competitive pressures have and will continue to cause increases in efficiencies on all levels.the panic bond reaction on friday is almost gaureenteed to reverse monday.panic reactions almost always do.no,it will be the slow painful decrease that wil spell the end to this bull market,and the probable reason will be a DECREASE in prices i.e recesinary in nature.remember just because the 70's were inflationary is no reason to assume we will have inflation in the 90's.all i see are prices dropping.gas,real estate,almost everything except car prices have come down in the 90's.
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