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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (35184)12/11/1998 8:04:00 AM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Bill to your question the answer is very simple.

As the economy is slowing,

Lower employment will lower the contribution and more people will use their money market money for day to day expenses.

Total Market Cap will stop expanding and then contracting.

Lower market will generate lower buying power, less consumption which will bring about recession and a prolonged one, as in Japan, all courtesy of this administration.

BWDIK
Haim
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