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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (39358)12/27/2000 10:50:28 AM
From: JRI  Read Replies (3) | Respond to of 42787
 
*OT* DMP- The internet/Naz bubble has been mostly pierced...the effects of which will be working their way into the economy for years...as far as inflation, AG needs to maintain a global perspective...sure, labor markets are a little tight here (but loosening quickly), more importantly, the world economy is absolute disarray. If the U.S. hits too hard, we could throw much of the world into a pretty bad funk (which won't be easy to come out of)..which will, of course, effect us as well..

My real point: The imported "deflation" to come, effects of negative wealth effect, and $ 26 oil should strongly outweigh any concerns the Fed still have (about inflation)...they are foolish if they don't act big/soon...