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Strategies & Market Trends : Asia Forum
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To: MikeM54321 who wrote (4437)6/12/1998 10:05:00 PM
From: Frodo Baxter  Read Replies (1) of 9980
 
I think you must be the first person to accuse me of being a bull.

>How does our overinflated equities market, selling at a PE of 24 plus, deal with it? They dealt with 1.5% and under growth in 1Q98 pretty well. But that was supposed to be, "Oh don't worry. Q1 is the bottom. Q2 we will pull up and out of it." But what happens if Q2 doesn't? What about Q3?

A couple Fed cuts should do it.
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