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To: chic_hearne who wrote (23053)9/29/2000 12:11:31 PM
From: LLCF  Respond to of 436258
 
<Coworkers are all talking about the market and make purchasing decisions based off of their "investments". Big ticket items like cars, boats, down payment on a house, etc are all coming out of the market..... >

My experience as well.... UFB

dAK



To: chic_hearne who wrote (23053)9/29/2000 12:12:04 PM
From: pater tenebrarum  Respond to of 436258
 
yep...i frequently harp on this topic if you recall. in fact the financial economy is in a sense completely divorced from the underlying 'real' economy, on the other hand it has become so huge that its ups and downs determine what's happening in the real world instead of the other way around (the way it SHOULD be). once a bear market decimates stock trading volume to 1/10 of what it is today, a normal relationship will have been re-established.


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