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

To: Hank Stamper who wrote (111)	7/7/2000 2:32:38 PM
From: MrGreenJeans	Read Replies (1) \| Respond to of 10065

David Slower economy (Fed's intention) means slower earnings growth means earnings disappointments means lower stock prices. True but little or no inflation due to rate hikes may mean higher multiples on equities as we have seen in the past. No one at this point knows how slow earnings will grow or if it will be a significant slowing of earnings. Further, it is possible that rates may start to decline within the next year which could fuel earnings once more.