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To: MythMan who wrote (14354)2/20/1998 1:02:00 PM
From: Mike M2  Respond to of 18056
 
Pete, comic relief is one way to keep your sanity amongst an insane crowd. more food for the bears from Max Moseley's site a quote from Irving Fisher's " Booms & Depressions" " a preference for investing in equities instead of bonds was fostered by a number of statistical studies, published in books & articles, which showed that almost always in the past, bonds have produced less income for the investor than had been (or could have been) produced by a diversified assortment of common stocks. " for the full article chebucto.ns.ca perhaps one can read whatever they want to in a situation but to me the similarities to 29 are striking. Pete " he who laughs last laughs best"



To: MythMan who wrote (14354)2/20/1998 6:54:00 PM
From: Mike M2  Respond to of 18056
 
Pete,I recall some time ago we discussed the origin of the 70's inflation-monetary forces vs. oil. here is an interesting article about the monetary inflation which preceded the oil shock. gigweb.com Mike