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

To: JPN who wrote (21050)	6/28/1998 5:04:00 AM
From: Gersh Avery	Respond to of 94695

JPN .. yes <eom> Gersh

To: JPN who wrote (21050)	6/28/1998 10:38:00 AM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

Don't know if you read Dr Yardeni's web site yardeni.com He has an economic forecast here that looks like financial Armageddon strikes next year. I got really scared and depressed after looking at it. The feds/banks are planning to drop interest rates to 4% to prop up the stock market, but it looks like y2K will be the convenient excuse to close the doors of large corporations and put its workers on the street. He recommends that small investors stick with bonds, and shows that utility stocks are already priced for 4% interest rates. Somewhere at this site I picked up that this is forecast for an entire decade where the lowly bond outperforms stocks. Do recommend everybody spend some time here, Dr Ed's track record is outstanding.