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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (5468)5/28/1999 10:25:00 PM
From: Lars  Read Replies (1) | Respond to of 15132
 
Carl,

>>>
I think to AG that is as big a risk to the economy as inflation because a crash would have very real consequences to spending and to the economy as a whole.
>>>
I think you are on to something. People are spending where I am at in the country to a large degree based on stock market wealth from the past few years. Nicer cars, upgrade to larger home, extra vacation, etc.

As Warren said a few weeks back....the stock market may be having a greater impact on the economy than people realize.