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To: bill meehan who wrote (35343)4/21/1999 10:24:00 PM
From: Bill F.  Read Replies (1) | Respond to of 86076
 
i don't disagree we are in full blown melt up.i have no idea what will
change things.only exhaustion will do.greenspan is such a fool.



To: bill meehan who wrote (35343)4/21/1999 10:34:00 PM
From: IceShark  Respond to of 86076
 
Heck Bill, ground troops in the Balkins would probably cause another melt up. -ng- Glad I don't have to hand out sage market advise for a living, I don't envy you guys. EasyAl will do nothing to reign this in, he is between a rock and a hard place in large part as a result of his own doings.



To: bill meehan who wrote (35343)4/22/1999 5:36:00 AM
From: accountclosed  Read Replies (2) | Respond to of 86076
 
Barton Biggs was interviewed on Bloomberg TV. I would say he was knocked around by a no name reporter. First question was sarcastic "It's generally known that you have been bearish on the U.S. equity market for, well for a very long time, so when are you going to...Well as a former marine 'surrender' is probably not in your vocabulary...we're talking about a record on the Dow here...when are you going to give in" So Barton was back pedaling right from the start "I'd say that I have been both bullish and bearish about the U.S. markets during the last 12 months"...

reporter: "Well earnings are beating expectations, with about half of the S&P 500 having reported...IBM exceeded...Isn't there a good case to be made for U.S. equities"

Unfortunately on this post I can't add the tone of voice...but the reporter was sarcastic, driving in his tone...and spoke as much or more than Biggs. Not trying to hear what Biggs had to say. Not an even handed interview.



To: bill meehan who wrote (35343)4/22/1999 3:00:00 PM
From: accountclosed  Respond to of 86076
 

SF Fed's Parry -- Fed wary of rapid U.S. growth
MONTECITO, Calif., April 22 (Reuters) - Federal Reserve Bank of San Francisco President Robert Parry said on Thursday the Fed will have to reassess the level of U.S. interest rates if the torrid pace of economic growth does not moderate soon.

''If we didn't see any signs of slowing in economic activity, you'd just have to be more concerned about inflation prospects and that conceivably could have policy implications,'' Parry told reporters after a speech here.


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