SI
SI
discoversearch

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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gerald F Bunch who wrote (27476)4/17/1998 12:34:00 PM
From: Mike M2  Read Replies (1) of 132070
 
GB, some slime was on CNBS saying who is to say the mkt PE is too high it could go to 40 or 50. At the moment Wall St does have an irresponsible FED on their side who either does not see or chooses to look the other way with respect to stk mkt speculation which,in my opinion, is worse than the 1920's. People love to blame the abuse of margin on the '29 crash when only 40% of customers had margin accounts. I would say the widespread use of options and the carry trade in the bond mkt involve far greater leverage than seen in the 20's. Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News