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Technology Stocks : Max90's LINK STORAGE to stock quotes
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To: LTK007 who wrote (2328)5/12/2008 7:03:28 PM
From: John Vosilla  Read Replies (1) of 3906
 
For most stocks to go much higher we are going to need nominal GDP growing at a very fast clip and operating profits growing faster than the added cost of servicing debt in rising rate environment.. Stagflation and my guess we are comparable beginning of 1970's as we haven't yet had the 1973-74 downturn due to tightening monetary policy to combat rising inflation yet.
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