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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: adad69 who wrote (11543)	1/30/2000 4:11:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 15132

We use to talk about R&D burn rates how about the American people? What WOULD you suggest a prosperous nation do with the wealth? What struck me and no body seems to comment on is that Greenspan said productivity gains were accelerating. Clearly the economy is slowing... I wrote more about it here: suite101.com but this fact is impossible to ignore: Annual GDP -- 1999: 4.0 1998: 4.3 1997: 4.5 1996: 3.7 1995: 2.7 1994: 4.0 GDP is slowing. Employment costs CAN go up and prices can come down if productivity is improving. Do any of you have friends or family without a college education that has lost their job in the last year as their old style company went bankrupt or had to severly downsize? Talk to them and ask how easy it was to find a higher paying job. I know of some that had to take a lower paying job. Anyway, sure is bearish lately and I would think a true bear would only come when ALL are bullish. So many on TV and radio that are at low allocations trying to time the market. Be interesting to see if they are right. regards Kirk out