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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (11154)11/18/2001 3:19:47 PM
From: Raymond Duray  Respond to of 74559
 
Hi Maurice,

Nice post, thanks.

Just one minor crack in your argument. To wit, you say: Keep in mind too that we haven't had deflation

This is generally true. However, there was a 1.6% decline in October's PPI numbers, announced last week. So, while one month does not a trend make, deflation is certainly not to be considered an impossibility here.

-Ray



To: Maurice Winn who wrote (11154)11/18/2001 11:54:29 PM
From: LLCF  Respond to of 74559
 
<The real losers will be the savers who hold cash and lend it expecting to live on the interest. >

To some extent... or of course those that hold investments in anything who's return is negative.

DAK


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