Elaine Garzarelli Message Board

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Non-Tech : Elaine Garzarelli

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To: Andy Nemo who wrote (66)	10/30/1996 8:17:00 AM
From: Mark	of 292

Hi; I heard on the business update this morning that Gruntal believes that mortgage rates are heading downward, with a slowing in the economy. In addition, they expect something about a "downward trend in mortgage rates" over the forseeable future. This isn't a quote, but it's close. Salomon released a study that in their opinion, PC and related equipment sales have "slowed considerably" in the past several weeks. Another sign of a slowing economy, and an arrow in the theory that interest rates are heading upwards. Her indicators have to be pointing towards bullish readings. I wonder what she will say in her next issue. I hope to be able to find a copy somewhere. See the other post here, right next to yours, about the Granville history. I think that Elaine is having the same thing happen to her. However, I'm not sure who is the new leader now. Be well. Mark

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