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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: LTK007 who wrote (32873)2/24/2002 4:57:21 PM
From: jjstingray  Read Replies (1) of 99280
 
I think that once Greenspan raises rates, it will signify the end of the refinance boom. This boom has put more dollars into Americans pockets than the money they earn from their jobs. Once the refinance boom ends, I think the economy will crush under its own weight. The consumer will not be able to continue to prop the economy up and I think it is at that point that we take another dip on the indexes.
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