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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (115766)6/13/2000 5:23:00 PM
From: Scumbria  Read Replies (2) | Respond to of 1579234
 
Jim,

I think you need to go back to '73-'74 to get the feel of things. That's 27 years ago. Skyrocketing oil prices.
Not to mention a protracted 2 year bear market...

Remember the OPEC oil embargo? What did that have to do with interest rates or the Fed?

Scumbria



To: Jim McMannis who wrote (115766)6/13/2000 5:35:00 PM
From: Joe NYC  Read Replies (1) | Respond to of 1579234
 
Jim,

Oil productivity may be up but the SUVs, and manufacturing demand seem to be far out stripping supply whether supply is monopolistic or not.

Before we all (except Scumbria, who sees AG behind every problem) blame the SUVs, we should keep in mind that even the biggest ones are more fuel efficient that the typical 70s passenger car.

Joe


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