Replies to post #298 on Constellation Brands Inc (STZ)

[bgpipper]

Yes, I believe it will. Could be flat-ish too. I do not believe it will be lower.

1st - do not fight interest rates. I sense the 10 year will stay between 2.5 and 3.1 percent. FED will stay steady for the next 10 to 18 months. 2nd - usually, in a presidential election cycle, the FED will not be aggressive so as not to affect politics. 3rd - I think (our) capitalism is set up to keep the middle class and below in debt and working - therefore industrial production will be somewhat higher, but inflation will remain tame. Corporate earning, overall will increase. P/E ratios will remain reasonable. The top 1 - 5 percent will continue to increase their net worth. With the very top folks continuing to get extremely wealthy. They won’t affect inflation since the rich already bought everything they want.