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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bilow who wrote (9585)11/12/1997 8:19:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
Carl: That was true for me both in 1982 and 1990. Both times there was double-digit unemployment and high interest rates. The top of a bull market coincides with low interest rates and full employment that creates surplus money needing a place to go.
The layoff notices will undoubtedly be flooding the Valley this week. :(
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