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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Brad Bolen who wrote (7430)11/8/1997 2:23:00 AM
From: Bonnie Bear  Respond to of 18056
 
Brad: yes, that's the fear-based correction (the "or" in my sentence") that will contract the p/e ratios of the financial sector. The other factor is the problem of US debt including bankruptcies and credit-card debt. Most of the market direction is based on interest rates, though, this is why 1982 and 1990 are usually chosen when citing returns from stock-based investments.


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