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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (15635)	5/6/1998 6:03:00 PM
From: John Hunt	Read Replies (2) of 18056

US stock prices not necessarily "bubble" -- Rivlin biz.yahoo.com << Asked if lofty U.S. stock prices were a concern for the Fed, Rivlin said it was "hard to define a bubble until after it bursts." She acknowledged the high stock price valuation was "certainly cause for concern ... not necessarily a bubble." >> Oh, now I get it, we are going to wait until it bursts before acting! :-)) John

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