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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Lee who wrote (19785)9/1/1998 4:37:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Great minds think alike-- ggg You were writing this message at 4.32 and imagine I was thinking about the same bond to short- short them..



To: Lee who wrote (19785)9/1/1998 4:42:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Alan Greenspan may not be a avid lurker of Idea as James Strauss wrote, but rest assure many are-- Abby reading my thread-- I assure you that it is not similar to James joke..ggg

You would be surprised that who invited me in NY for three days when I was their and Idea was only 7 months old, since than lot of water and lot integrity has been vested in Idea- it is well received where it matters the most..



To: Lee who wrote (19785)9/1/1998 9:55:00 PM
From: Andeveron  Read Replies (1) | Respond to of 50167
 
>> The world isn't going to stagnate just because of some stumbling blocks in Asia and Russia. <<

I would submit that the world is stagnating already, with or without Asia and Russia. Latin America follows in the tracks of Asia while the whole of Europe sits in the shadow of a pensive Russia. If Russia falls into calamity and chaos, markets will choke. Mexico and Canada have raised interest rates to protect capital flows and commodity prices are in a severe downdraft. Heavy supplies, bargain prices: muted wealth.

The bull market has run this far and this fast because of the promise of rampant global growth as new economies emerge to partake of our commodity and high tech exports. All the evidence points to a malaise in the world that will be long and protracted.

Today's bull run was impressive but I don't expect the uptrend to last very long. There is still a lot of fear, bewilderment and uncertainty out there. As for Abby, she is evidently a permanent bear. One does have to commend her for sticking to her guns, even in the face of a titanic avalanche.