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


To: John Madarasz who wrote (9743)6/21/2001 12:06:15 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Thanks, John and Peter. I don't know why the Fed is worried about inflation. I don't know of a period of disinflation and high investment that didn't end in deflation, but I'd be happy to be corrected on that one. Anyone?

>>the annual % change in household wealth has fallen from 15% in 1999 to -15% currently. The largest decline (by over 10%) since 1946!<<

I believe they started tracking that data in 1946 (net worth), and the current decline is the worst ever recorded, if I remember correctly.

Personally, I am concerned that the economy and the market are on the verge of collapse, but I may just be caught between a solar eclipse and a new moon. ;-) Probably time to go out and cut the lawn.

Financials have been up for two or three days. Whether that's anything more than a pre-Fed bounce is beyond me. BAC broke out, I believe. But the strength in GM has historically been a good sign for the economy...