Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (41141)	12/28/1998 12:30:00 PM
From: Jess Beltz	Read Replies (1) of 132070

Michael, what you are calling asset inflation is simply the result of people who are looking for a return on their individual financial assets above the anemic rates offered by existing debt instruments (like their bank accounts.) The place to go after the higher rates of return is in the stock market, hence the increased demand for equities and the resulting higher prices, PEs and the rest. Is that the result of the Fed keeping interest rates low, or are interest rates low because inflation is low? jess. Ps - you may be correct about fixing code taking the place of buying new units. I don't have any feeling for that one, and we'll have to see how it translates into pc sales. jb. PPS - I notice AOL is up another $12+. I will let you know if I try a put play there later. You are definitely right about the prices of puts. stay in touch. jb.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next