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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Hank Stamper who wrote (14786)6/25/2000 12:34:00 PM
From: Allan Harris  Read Replies (1) of 15132
 
Re: Double Bubble

"Ignore the Bubbleheads: Invest with Vision"

Excerpt:

"But long-term interest rates, which are just as important as corporate profits in determining future stock market values, perhaps even more so, are headed down. Ten-year Treasury rates have dropped 80 basis points from their peak. So have Baa corporate rates. These interest rate moves are slowly turning the tide toward a more positive market outlook."

Full text:

cnbc.com

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