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Politics : Ask Michael Burke
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To: Earlie who wrote (43166)1/14/1999 11:31:00 PM
From: Howard Henick  Read Replies (4) of 132070
 
You and many economists have been calling for the demise of this economy for many years. You are starting to sound like Alan Abelson. Liquidity is driving this economy and it ain't going away till the FED TIGHTENS. And guess what; they will only tighten if the economy is strong. As Abbey Cohen says, the US economy is like the QE2 and the momentum once it gets going is so strong that it takes lots of headwinds and time to significantly slow it down. Your recession prediction is right up there with past predictions like the FED increasing stock margin requirements and big inflation in commodities. Why don't you bookmark this message and call it up this July and we will see who is right?? Remember, bears may sound smart but bulls make money more often....
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