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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (32418)8/10/2000 6:09:45 PM
From: PMG  Read Replies (1) | Respond to of 50167
 
yes, I talk about trading, not investing...and will do my living on it, if it's possible, not just good luck/bad luck

another idea:

I do not think PPI will be strong. What about this:

- growth still intact but more is produced on stock because of huge investments in capacities

- thus we will have a tendency to deflation as supply is greater than demand

- if so, growth should slow down in 4-6 month or so

- the economy will tend to "stagflation"

- this period could be short because technical progress is very fast

If this story is right, we are in a beginning bear market for the techs which could last 6-12 month.

If this cycle lasts longer we'll have a recession, but I don't thing so and we are on very healthy levels.

greetings
PMG