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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (29190)6/17/1998 11:28:00 PM
From: Earlie  Respond to of 132070
 
Tippet:
I'd be surprised if it had much of a life span. Any twit looking below the decks can see the water pouring in, "Dear Abby" notwithstanding. (what does that lady use for her economic forecasts these days,....goat entrails? I think she's gone bonkers).

Yes the torrent of money pouring in from Japan will provide a few fingers to plug the holes in the dike, but the pros not locked into equities by their fund's charter or bi-laws are beginning to make their quiet exits. Meantime, all three of Goldilock's favourite porridge bowls, (growth of earnings, benign interest rates, and big money flows to stocks) are turning cold. The coming crunch is picking up some momentum.

Best, Earlie