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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Tim Bagwell who wrote (21942)	3/17/2005 8:55:56 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Thanks for the summary. "His take on the oil situation is that higher oil prices are actually anti-inflationary since they take money out of the economy which slows the growth rate." He's actually said higher oil acts as a tax on the economy for years and years. I agree and he is not alone in this belief either. Ed Hyman, on Rukyser's show, had some equation for economic growth that was something like $10 represents 1% change in GDP growth. That Steve Leisman(SP?) economist on CNBC the other day actually wrote a formula on a whiteboard to show how higher oil relates to GDP growth which was pretty similar to Ed's simple numbers. Lakshman from ECRI was on TV today saying higher priced oil would only throw us into a recession if the economy was "vulnerable" and he thinks it is not vulnerable today.

To: Tim Bagwell who wrote (21942)	3/18/2005 3:56:20 PM
From: sat2000	Read Replies (1) \| Respond to of 42834

>>His appearance was for a good cause and, although he still owes us an explanation about the QQQ(Q) fiasco, at least he has finally faced some public scorn for it. If he wasn't sure before, he now knows it remains a touchy subject for many.<< Tim, it is nice to see he finally faced the music about the cubes, even if it was half assed. I wonder if anyone will live long enough see bob answer the questions about his undisclosed and quite possibly illegal relationship with UTEK and the pumping the stock? What about the strong suspicions concerning Don Lane/mister topes alias posting here on SI? Or will bob take those secrets to the grave? Steve Thompson