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Politics : High Tolerance Plasticity

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To: energyplay who wrote (539)	2/28/2001 10:47:29 AM
From: diana g	Read Replies (3) of 23153

Re The Effect Of Interest Rate Changes Historically Hi energyplay, you wrote "... It takes, on average, 8 months for interest rate changes to affect the economy. ..." Your statement is about the economy, Not the stock market, yes? ---I've been hearing that many believe the time to buy is when the 3rd cut in interest rates occurs. That in previous historical periods when a series of interest rate decreases occurred, the stock market responded most positively & reliably after the 3rd cut in a very large majority of cases. ---I wonder if anyone has seen anything in print dealing with this? regards, diana

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