Fidelity Select Sector funds Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Fidelity Select Sector funds

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Julius Wong who wrote (947)	9/14/1998 7:59:00 AM
From: Angler	Read Replies (1) of 4916

Dear Julius: I have a strong feeling that Mr. Greenspan will lower interest rates which is needed if the weaker world economies are going to make any headway against their commodity based recessions. After all we are without a doubt in a global world (stock) market influenced mostly by everyone's reliance on US$ based price structure and our huge home consumption. If the rates come down, it will shore up strength in local currencies and stabilize their fixed costs and price indexes since their outgoing weak home currency overflows have been heading for higher return U.S.$ dominated investments. Short term this will be good for our stock market as well for the big banks with overseas exposures and exporters. In the long run it will begin to raised import costs to our major retail chains and end users of raw resources but that might be a long gradual affair. The overall effect would be very stimulating and besides our Government would not be under pressure to free up subsidized shipments of more of our surpluses at taxpayers expense while adding funds to the IMF. Looking at the enormous continuing inbalance between our imports and exports this would be healthy. Angler

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next