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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (1967)	5/2/2000 10:19:00 PM
From: Esway	Respond to of 5499

Some views on the interest rate/inflation debate:http://www.smartmoney.com/smt/pundits/news/index.cfm?story=20000501 <<Even Aubrey G. Lanston's David Jones, one of our chief Fed watchers, is taking monetary policy with a grain of salt. No matter what the Fed does, it can't change demographics. "Importantly, with most of the 75 million postwar baby boomers and other investors still committed to the stock market for long-term retirement purposes, it is a good bet that the firm market underpinnings will remain in place," Jones says. "This suggests that there could be a prolonged but fairly shallow equity market correction as investors mainly shift from overvalued equity sectors to undervalued sectors." >>