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To: Archie Meeties who wrote (37658)6/3/2000 7:49:00 PM
From: Ilaine  Read Replies (2) | Respond to of 42523
 
This is what I don't understand - why is a slowing economy bullish? Sure, a slowing economy may mean that inflation may slow down, too, unless we get stagflation again, but earnings will slow, too. What's so great about that? Fewer people working, means fewer people buying. What's so great about that? Maybe I should ask some of the bulls, but I already know what they'd say: "Cobalt, why do you always see the glass as half empty?" Like all you have to do is be optimistic, and facts won't matter.



To: Archie Meeties who wrote (37658)6/7/2000 12:12:00 PM
From: BGR  Respond to of 42523
 
Archimedes,

Before we proceed further, do you agree/disagree that central bank policies usually affect the economy through a period of lag of 9-18 months?

-BGR.