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Technology Stocks : Dell Technologies Inc.
DELL 137.15-1.3%11:10 AM EST
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To: Frank Ellis Morris who wrote (137696)7/26/1999 7:55:00 PM
From: stock bull   of 176387
 
Frank, what better why to slow the economy than taking wealth away from the spenders? The consumers have been a major source of fuel for this economy. Higher interest rates will cause the market to correct, if not enter a bear market, and reduce the net worth of all the investors. This is one way to slow the economy. Of course, the other side of the coin says that Greenspan is trying to "jaw bone" the markets down. I for one think we will see more rate hikes, at least two more. This will take back the three cuts we had last fall.

Stock Bull
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