Wednesday, February 7, 2007

The Wheel of Life

Boom and Bust

I show this Merrill Lynch guide not so you will actively manage your portfolio, although I wish you would, but rather it's here because it illustrates the ebb and flow of our economies. We are nearing the end of boom and entering slowdown. Money supply is being tightened up. Watch to see if European Common Market or Bank of England raise thier interest rates again.


Doug

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