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

To: Knighty Tin who wrote (29861)	7/17/1998 5:20:00 PM
From: Knighty Tin	Respond to of 132070

To All, 1. Sure am glad Xilinx was one of my favorite put picks in my article on IFC. Makes me look smart one day in a row. <G> 2. Trade deficit, bull, try trade crater. The big question is, is the deficit, combined with the lousy earnings growth, enough to send GDP growth negative? I have to confess, I am on real shaky ground here, as I totally ignored the profs in my economics class when they talked about what was then GNP and how it was calculated. BORING! But my memory seems to hold to some concept that trade deficits reduce the number. If that is true, what do you want to bet the that the same folks who brought us, the CPI is too high, so let's change it and Productivity is too low, so let's change it, are going to want to calculate GDP without trade figures. <G> When the economic numbers cannot support the bubble, don't deflate the bubble. Calculate the numbers a different way. 3. Oh, those airlines. I have finally broken even on my puts. I hope everyone takes the bus. <G> MB