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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Thomas M. who wrote (2213)11/11/1999 1:40:00 PM
From: Enigma  Respond to of 3536
 
RE your's and the last posting - I agree - I wonder if we're not hearing variations on the old themes: 'It's different this time', and, 'the business cycle is dead' with the caveat that only some external events -'War', 'meteor showers' can interrupt the rosy future?! Actually Y2K may be a more likely event of this kind, but be that as it may -these sort of expansions and booms can end through exhaustion, slowing momentum, decreasing expectations, etc. All of a sudden there are no more buyers. d



To: Thomas M. who wrote (2213)11/11/1999 1:59:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 3536
 
Thomas...

If we're saving and investing less, why are the US market alledgedly grossly "inflated"??

Can't really have both now.. can we?

How can we invest less, yet have the market overvalued?



To: Thomas M. who wrote (2213)11/11/1999 3:35:00 PM
From: Henry Volquardsen  Respond to of 3536
 
disagree, Americans are not saving less. the published 'savings' rate is badly constructed and meaningless for reasons we've discussed previously. If Americans are not saving more where is the flood of retail investment dollars heading towards mutual funds coming from?