SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (50437)5/25/2004 8:49:02 AM
From: Tommaso  Read Replies (1) of 74559
 
Here's what he said: "But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? "

Most people understood this as a warning that our markets might well be overvalued. Financial managers who had been enjoying the rise in asset values deplored this statement.

So you are waiting for a great deflation? Have you bought a house, paid a college tuition bill, bought a gallon of milk, filled up your gasoline tank, or gone to the dentist in the last eight years?

Do you know what the government puts into the calculations for the Consumer Price Index? Do you follow the publications of the Federal Reserve Bank of St. Louis?

I don't think you know much of anything myself, but tripping over a clod always improves one's efforts to keep one's footing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext