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To: Lizzie Tudor who wrote (181041)5/10/2005 11:14:56 PM
From: rkral  Read Replies (1) | Respond to of 186894
 
OT ... Lizzie, from the article you cited ... "American economists are warning that stagflation —- the high-inflation, low-growth scourge of the '70s -- may be threatening a comeback."

AND

"The good news is that the key indicators are still way short of the '70s red zone. Economic growth is slipping toward 3 percent, but nowhere near stagnant, and inflation is nudging up past 3 percent, nowhere near the double digits of the '70s. Economists don't even agree on exactly what mix of sluggish growth and rapid price increases defines stagflation. "

It all says stagflation is a possibility ... but it's not here now. If you've ever learned technical analysis, you must know you should not anticipate indicators, or act in anticipation of the indicators.

Do you not read ... or do you read and not comprehend?

Ron