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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (7380)6/3/2001 2:23:33 PM
From: Mark Fowler  Respond to of 57684
 
greenspan raised rates 3 full percent in 1994 and the economy did just fine. obviously it was on firmer footing back
then. so you can't just say everything would have been fine if greenspan just hadn't raised rates so much. obviously
something changed--for t<<<

We didn't have a profit recession in '94, the yield curve didn't invert that's the difference, imo.



To: craig crawford who wrote (7380)6/3/2001 4:14:23 PM
From: Mark Fowler  Read Replies (1) | Respond to of 57684
 
opec wants to squeeze as much money out of us as they can without killing off their biggest customer. they would be
quite happy to gouge us for all they can. anything else is just talk.<<

Ok you say so. however, i tend to think the energy problems are at home -- Infrastructure.

Opec knows this that's why they will keep energy prices at optimum.


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