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Strategies & Market Trends : Asia Forum
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To: Esvida who wrote (538)1/8/1998 5:31:00 AM
From: Don Earl  Read Replies (2) of 9980
 
Hi Al,

I wonder if anyone besides you and I read the entire Greenspan speech. To sumarize a lot of very dull and wordy rhetoric, he basically said that the methods they use to calculate the statistics used for predicting future economic trends don't mean diddily and are inaccurate as hell. Other than that he talked a lot about a lot of things that are NOT happening in the US economy, including deflation. It's refreshing to see someone that has a source of information other than Reuters.

Regards,

Don
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