home guest columnist archives about us contact us
In and Out
The Economy at the New Century
The stock market is in a transition: from the old economy to the new economy. But the transition is not smooth. Daily volume records are being broken as fast as they are made thanks to the extended economic boom, higher interest rates and questions about the value of new economy stocks.

Market gains this year may be muted, and leadership may come from both "in and out" sectors of the economy.

In Out
New economy Old economy
No earnings Regular earnings
Janus Buffet
Growth funds Value funds
Sector funds Index funds
Frequent trades Buy and hold
Business to business Business to consumer
Concentrate portfolio Diversify portfolio
Small cap Large cap
New metrics Old price earnings ratio
On-line trades Broker trades

State's Internet Use Outpaces the country