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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (28694)	4/27/2005 5:22:20 PM
From: RealMuLan	Read Replies (1) of 116555

an older article but still has new meaning<g>--"US still in midst of hi-tech powered super boom - pundit By Ashlee Vance in Chicago Published Wednesday 6th April 2005 08:00 GMT It's tough to quantify and even harder to prove. But, optimists rejoice, the US economy is still booming. Investors can feel this even if they can't explain it. That's the rather visceral take on US business handed out today by Jim Glassman, a managing director and top strategist at JP Morgan Chase. Glassman, speaking in Chicago at an event sponsored by Sun Microsystems, told attendees to ignore rising oil prices, a weak dollar, the "jobless recovery" and inflation fears. All is well, and we have technology to thank for it. "We are in the middle of something very big," Glassman said." theregister.co.uk

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