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


To: John Pitera who wrote (6081)2/11/1999 11:35:00 AM
From: HairBall  Respond to of 99985
 
John: Thanks...

Regards,
LG



To: John Pitera who wrote (6081)2/11/1999 12:16:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 99985
 
Here is some quote from GS today's speech:

<<Asked about the trend of rising inequality as wealthy people have gotten richer, Greenspan responded: ''The major reason why there has been an increase in wealth in that regard is that stock prices have gone up very substantially.''

He added, "The reason they have gone up is that the markets have presumed that the capital efficiency of the American economy has improved in a very significant manner. >>
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