Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (14128)	2/15/1998 9:32:00 AM
From: Jack Clarke	Read Replies (1) of 18056

Tommaso, Nice summary. RE: Greenspan He's somewhat in the position of Louis XV: "Apres moi, le deluge." And he must know it. He didn't count on the Asia thing, preventing him from giving the markets a series of gentle interest rate hikes to slowly deflate the bubble. If he thought there was "irrational exuberance" back a couple of thousand points ago, he must really be doing some fingernail chewing now. I wonder if Mssrs Clinton and Rubin had anything to do with coercing Greenspan into letting this bubble expand, keeping the populace content with their administration? Nah, the Fed is apolitical, right? And with Zippergate in full swing, Mr. C. must sense that any fall in the markets will change those calmly contented mutual fund holders into a snarling mob, ready to give him and his co-president some form of the Ceaucescu treatment. As you can see, Tommaso, I am becoming more cynical and bitter by the day (to my own revulsion). Jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next