- fundstück in bloomberg - almoehi, 06.12.2000, 15:47
fundstück in bloomberg
soeben aus dem bloomberg gefischt.
zitat by jude wanniski
we can take pleasure in wall street's soaring market yesterday, cheered by greenspan's remarks and the likelihood of a bush presidency. for nasdaq though, the respite may be just another in the new economy's relentless march of one step forward, two steps back. what we face is a strange paradox -- even with tax cuts, even with rate cuts -- the dollar may continue on in deflationary territory. this could get worse. remember, japan has had no luck ending its deflation by lowering its funds rate to almost zero. in a polar view, worst case scenario -- ie, without tax cuts, without an easing of monetary deflation -- it's possible to conceive of nasdaq at 1'500 and jia at 5'000.
Der ganze report ist nachzulesen bei www. polyconomics.com
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