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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (831)12/7/1998 10:53:00 PM
From: j g cordes  Read Replies (2) | Respond to of 99985
 
Its a case by case call.. generally layoffs support bonds which in turn support stocks by lowering capital costs.

However, as you say and I agree, the best of all possible worlds is to maintain employment for the max number of people without causing wage inflation.

Jim

P.S. the most wholesome laugh I had today was American Express being upgraded to an internet company!