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To: GVTucker who wrote (120403)12/4/2000 11:38:33 AM
From: John F. Dowd  Respond to of 186894
 
Sorry I don't see any inflation. Of course I am not rushing out with my stock market winnings and bidding up the price of real estate. Eating Cleaning Clothing all as cheap for me as ever. JFD



To: GVTucker who wrote (120403)12/4/2000 2:18:34 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
GV<
RE:"Seems that Greespan was right. Blaming him for the current market decline is misguided, IMO; without the rise in rates you'd be facing even worse inflationary pressures. Blame the combination of an inflection point in inflation combined with a decline in earnings expectations."

At times you type before you think but this time I believe
you are correct. Apparently John lives in a low inflation area...

Jim


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