Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (29284)	9/28/1998 8:33:00 PM
From: GROUND ZERO™	Read Replies (3) of 94695

Bill, I'm probably gonna catch hell for this comment, but it won't be the first time. I think it's in vogue to be bearish on the market right now. Agreed that the world is in a mess, but it's always been in some kind of mess. I suspect that if the global economy were not so weak right now, the U.S. economy might actually see incipient signs of inflation, that's right, inflation. Has anyone taken a good look at M3 recently? It's been growing at near breakneck speed. I think the global weakness will allow the U.S. to continue on a steady pace without AG's great fear of inflation or any severe recession as many traders and investors fear right now. There are slowed earnings, but looking beyond this next quarter doesn't seem so catastrophic. I don't think I really answered your question. I don't know. How's that? GZ

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