SI
SI
discoversearch

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.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+3.1%Nov 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crystal ball who wrote (35475)5/12/2000 10:42:00 AM
From: The Phoenix  Read Replies (3) of 77398
 
What's interesting is it appears that past rate increases are begining to have a dampening effect. It's always puzzled me that the analysts (and the idiots on CNBC) kept talking about a need for more increases since those that have been implemented had had no effect. What do these people think - that once a rate goes up that there is an immediate reaction? This economy is like an oil tanker and it's taken some time for the increases to work their way through the economy. So while folks were suggesting that past increases were having little effect what I believe was actually taking place is that these increases were taking time to work into the economy and that we're begining to now see the effects.

If this is accurate then Greenie will raise again (as predicted by many) on Tuesday and that could be the last. If Greenie gives any indication whatsoever that inflation looks to be under control again or at a minimum that the past increases are begining to have a material effect then the market should rally and the money sitting on the sidelines should begin coming back in.

At that point we will get a better picture of which sectors are considered to be most attractive since at this time, given volumes, it's difficult to tell. I'm betting telecom and communications is still a winner.

OG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News