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


To: Shane M who wrote (42181)1/5/1999 1:41:00 AM
From: Michael Bakunin  Respond to of 132070
 
You're welcome. I recommend scanning all the Fed research sites every so often. They do employ 5,000 economists, and a few of them must be good for something. Plus, only the Fed has so much neat data.

Note that the article came out over a year ago; PE's are up now, as earnings have stalled and prices advanced anyways, so even our best case long-term return from today's levels must be lower now.

mb