SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (57424)4/26/1999 12:18:00 PM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Wayne

Heres a thought. Any threat on the dollar (including a stock market decline) will be met by rate cuts from the FED. Al may try to end it gently, but if he senses a drop, he will meet it with as big a money expansion as necessary to fix it. Additionally, US has latitude as we are the "only economy that is doing well"



To: Freedom Fighter who wrote (57424)4/27/1999 1:00:00 PM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
WC, I don't think money supply is the key, is is credit creation, which is still running full steam. If the lower M3 hits credit, the market is doomed. There is no chance that stocks can stay this overvalued without huge borrowings.