Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (222777)	2/20/2003 9:14:41 AM
From: zonder	Respond to of 436258

"Creating inflation is bullish"? Oh so that's why US is threatening to invade Iraq, pushing up oil prices <g> To those of you who think Bush knows zip about economy - there!

To: marginmike who wrote (222777)	2/20/2003 9:19:09 AM
From: JRI	Respond to of 436258

(bullish) not necessarily..the problem is that producers have no pricing power...so coupling inflation w/that means lower earnings= lower stock prices. Refinancing "effect" is not linear, and the broad part of the curve is already past (IMO), (heavy re-financing last 2 yrs, that money spent already) and the remaining effect is negligible compared to offsets of foreign funds fleeing (to better "stores" of value/returns, Euro/gold- from US equities). Ask an elderly person who freakin' out right now about their income stream....they have likely cut their spending, etc... This sounds like stag-flation to me (inflation but no real pick up in demand)...that's a sucky economic world..