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Strategies & Market Trends : Inflation and Interest Rates

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To: GlobalMarine who wrote (5)5/25/1999 7:46:00 PM
From: David  Read Replies (3) of 35
 
Great thread idea. Not to steal a thought, I will admit I got it from DynamicDaytrader.com's morning call--The big bear market of the early 1970's was step in step with inflation and recession. At this time we have neither of these. I agree with DDT in that the recession is most likely a year or year and a quarter off. Inflation has not been confirmed and will take more than one or two indications to do so. The Fed may help the market correct (doing so now) but the bull will continue on for a while longer. Life magazine June 5, 1970 headline "Inflation, Recession and a Frantic Bear Market". Interesting issue.
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