DOW 36,00 from J. O'Connor
Barbara Laurence
cns at cats.ucsc.edu
Tue Mar 30 11:25:16 PST 1999
Doug, am I crazy or is Glassman and Hasset's calculations based on earnings
only, not capital gains from stock sales? If you assume that everyone will
stay in the market no matter what, and that more people will enter as more
join the labor force, then it would seem that they're right? or, again, am
I crazy?
Jim O'Connor
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