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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (35559)11/8/1998 1:37:00 PM
From: Richard Nehrboss  Read Replies (2) of 132070
 
Mike,

Thanks for your insight... The arguments are the same only the game has changed.

I would query the supply and demand side of the securities. We do have large inflows of capital into the market, both from overseas and from the much larger US population base in the 30-50 year old range. This greater demand must cause an increase in price if supply is not proportional increasing, right?

I used to collect stamps (back in my boring days (g)), as it caught on, prices sure went up. Is the supply of securities rising at a greater, or lesser rate than the demand? Do we have a measurement for this?

We got our first snow this morning. When did you live in St Paul? Since we're below freezing here now, I assume my old lovely Houston is in the 70's with the perfect evenings of high 60's?

Richard
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