Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bill Wexler who wrote (8079)	12/10/1997 9:36:00 AM
From: hasbeen101	Read Replies (2) of 9285

Bill, yes US wages and economic growth are strong. This is inflationary. And yes Asia is falling into a hole. This is deflationary. Without seeming flippant, I'd like to know whether your concern is inflation, deflation, or both. If both, please explain how this is possible. I agree that on the whole the US market looks somewhat overvalued. But lets face it, the US dominates the global software market, has sound macroeconomic policy, and has a flexible productive labor force. I do not find this as compelling as you seem to. Please share your opinion.

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