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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (1744)9/30/1998 10:21:00 AM
From: Pete Schueler  Read Replies (1) | Respond to of 1911
 
ahhaha, Thanks for your comments. I'm a little puzzled by your statement that "This all means that the current circumstances are constructive for equities."
Equities are still valued well above their long term norms and profit margins are shrinking at the same time growth is ebbing. If we are entering a period of rising inflation in combination with the above isn't this the emergence of stagflation, a condition hostile to equity values?

Pete


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