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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (68504)	5/17/2002 5:16:56 AM
From: LTK007	Respond to of 99280

<<Bridgewater Associates explains why the Fed won't tighten any time soon The last time the stock market failed to respond positively to a series of Fed interest rate cuts was 1930. Not that we're trying to scare anyone -- just stating the facts. But what that tells us is just how unusual the current market action happens to be. To get the economy going again, Bridgewater says, the Fed needs to get the equity market to go up and stay there. That's why the Fed will stay on the sidelines for a while>> a totally dangerous policy in my view. If i say it once, i will say it again a country that DEMANDS an over inflated method of evaluations is only heading to disaster.As i say, come 2006-2010 these policies could well be our downfall. A country that has bet it's very being on an inflated market will never win, it is not an economic system it is a "let's make believe and lie to ourselves relentlessly that this is real , real money and not Monopoly game money, for as long as we see this as real we can delude ourselves forever. This is the perfect new ecomnomy, praise the Lord and pass to me more money( and o may the printing press never breakdown) ."