InvestorsHub Logo
Followers 0
Posts 48
Boards Moderated 0
Alias Born 06/24/2003

Re: sgolds post# 40361

Friday, 07/23/2004 12:37:19 PM

Friday, July 23, 2004 12:37:19 PM

Post# of 97785
The facts it presents are not in dispute

Sorry Sgolds, I have to disagree. Only this week...Greenspan also repeated there was no evidence to buttress arguments that new jobs being created in the United States were lower-paying than the jobs that had been lost. "We've not been able to find a significantly meaningful change in the quality of the jobs being produced relative to the quality of the jobs being lost for the nation as a whole over the past year," he said. Obviously there is some dispute, if not with the specific facts, then certainly with the conclusions that dominated the article you posted.

I found Greenspan's testimony to Congress this week to be very optimistic for Alan. I also consider Greenspan to be reasonably apolitical, having served with praise under administrations from both parties. I certainly hold his testimony in higher regard than reports by any private analyst or commentator because I have no clue as to their motives.

I find your posting of this article under the guise of "macro economics" a thinly veiled political statement not appropriate for this board. Your post simply invites a detour into a Democrat/Republican debate. This is my first and last posting on this topic.

I do not disagree with your premise that tech stock investors may have anticipated the recovery to follow more traditional patterns and have suffered some disappointment. As to your previously stated belief that we enjoyed a minor bull in a longer term bear, I am more optimistic. Only time will tell who if you are right on that call.

Best wishes to you in your investing.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMD News