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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (13768)1/22/2002 8:28:50 AM
From: smolejv@gmx.net  Read Replies (1) of 74559
 
>>As interest rates drop, it's not surprising that debt levels are increasing. << One would expect, CapEx positions would take off. I would assume, that's where you would put the money borrowed at 0.5% fixed 10 yrs - Or would you carry trade NZ/AUS $ (g)?

And, ("Oliver Twist asked for more"!!!!): I would expect the easing of the debt burden to help the earnings. It's been now a year since the 6-month mantra started to roll. My numbers dont show anything of this sort.

dj
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