Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (49655)	5/7/2004 3:10:51 PM
From: AC Flyer	Read Replies (1) of 74559

>>ACF, in defense of Jay<< Snowshoe, thanks for defending Jay. It's a tough job, but somebody has to do it. Jay is taking a breather to rethink his global construct. It takes a while to shift mental gears from imminent meltdown and depression to synchronous global economic growth. I know you have an open mind, so you might believe me when I say that today's employment report is no myth. cbs.marketwatch.com The positive forces of growth (cyclical recovery, boomer demand) are now overpowering the negatives forces of job destruction (productivity, the China factor), so we can expect increasingly strong employment and economic growth now. US equities will move sideways through the summer, but then, watch out! Joel Gander/GOD/Box will finally get his "unconstrained short squeeze" but it will be in US equities, not gold.

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