Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: edward miller who wrote (18940)	5/21/1998 10:42:00 PM
From: Oeconomicus	Respond to of 94695

Do you really think that earnings will suddenly explode from nothing to double per quarter in the 2nd half, making everything OK for the year? My point exactly. On the rate hike scenario that you paint for us (using nothing but dark, bleak colors, BTW - try some red or yellow<G>), however, I'm having a hard time seeing a rate hike at all as long as it would have such dire economic consequences for the rest of the world. I'd love to have been a fly on the wall at the FOMC. Good thing these ladies and gentlemen are bankers and economists, not politicians. I agree with your view of the market - historical extremes in every way. Must be tough for the FOMC - all the economists looking from the one hand to the proverbial other hand and thinking that they have to do something about the markets or they will be setting us up for disaster, but if they do anything, it will be a disaster. OTOH <G>, maybe they are sitting around thinking they are geniuses for keeping this balancing act going so long and that there's no reason they can't keep it going forever. Regards, Bob