Open Question

Jim-

I have to ask: Why are you so bullish? Why do you use the arguement that
housing is "disinflationary" when I don't recall you stating that it was
"inflationary" on the way up? Sure the GDP number was revised up, but they used
an inflation adjustment of 1.2%. Does anyone outside of Kudlow believe that
inflation is only 1.2%? Sorry, I just can't drink the koolaid, at least not on
this type of volume.

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Don't worry, JC changes his tune as often as you change clothes so I'm sure you
will get the opinion you want if you wait a few weeks.

Answered by TA_ - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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