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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (54771)	10/29/2001 12:58:09 AM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

StanX, RE "Tito, you posted a slowdown in the Worldwide economy." The Slowdown we are experiencing began about 1 year ago. It was predicted about 6 months in advance by the Stock market when it began trending down about Apr 2000 for Amat and 1 month earlier for other Tech stocks. I for one believe the economy trended down when Investors, 6 months before, quit fighting Greenspan in his campaign to stop the rise of the Stock market by continued raising Interest rates. Now the Stock market is trending Up --- because Investors are quitting in fighting further Greenspan's desire for the Stock Market to go Up. (How can we continue spending Billions of dollars for reconstruction, war against terrorism, etc if the Stock market and thus the economy continue trending down? Inflate the dollar?) As the market goes up further, companies will create jobs or re-hire laid off employees so as to take advantage of the rebound of the economy.