economic globalisation

wdrb at wdrb at
Thu Aug 17 08:41:42 MDT 1995

Jim Jaszewski wrote:

<On Wed, 16 Aug 1995, Doug Henwood wrote:

> By the way, US stock valuations are at or near all-time record levels,
> whatever that means.

        Meaning that the bubble's gonna burst here presently..!?


As far as I understand US stock valuations are high because

1) There's been a big speculative ramp in US stock market meaning
' the bubble is going to burst' as Jim says. However, there has
been none of the hype and hysteria that I've noticed compared to
1987 preceding the crash

.....prospects for US company profits are very good

3 or US bond markets are

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