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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST
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To: Lee Lichterman III who wrote (25425)9/9/1999 10:43:00 PM
From: clochard  Read Replies (2) of 99985
 
Wouldn't dropping the rates again scare bond money out? Lowering rates prevented capital flight into the U.S. They have painted the economy here in a corner and there's nothing they can manipulate anymore. All the U.S. corporations can do to help the bottom line is to lay off half the population and use the money saved to buy back more shares.
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