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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: RLM who wrote (7863)	10/27/1997 7:06:00 PM
From: tekgk	Read Replies (1) \| Respond to of 94695

Doesn't sound much different to me. For twelve months the growth in nominal gross domestic product has been 6.2 percent and, thanks to a Consumer Price Index that averaged exactly 0.0 percent, the real gross domestic product also grew 6.2 percent. Industrial output soared, up a whopping 11.5 percent during the last four quarters, yet did not set off inflation. With unemployment down to 3.8 percent, the prime rate steady at a relatively modest 5.8 percent (and is not likely to rise as long as inflation stays so low). The budget deficit is vanishing on its own and there may even be a surplus. You may think you've heard all those tantalizing numbers again and again in the last few weeks, but they're not what you think. Those statistics are from September, 1929, when the stock market was on the verge of a devastating crash. The subsequent bear market took 25 years to recover. And by the way ,it was an Austrian bank with a long unpronounceable name that started the debacle not some stupid match company like most people believe. The 30% slide in Brazil could well reveal some interesting bank names.