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Politics : Foreign Affairs Discussion Group
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To: Elsewhere who wrote (35673)8/5/2002 4:20:17 AM
From: Bilow  Read Replies (1) of 281500
 
Hi Jochen Jansen; As far as what's going on in the US economy, it should be noted that the Fed has now dropped interest rates to a 40-year low: #reply-17835503

The significance of this is that it is not possible to properly chart the secular trends in the economy, interest rates, or the stock market, with charts or historical analogies that only go back 40 years.

For almost all investors, what is going on is completely new territory. It will be exciting to watch.

-- Carl@Mayyounotliveinexcitingtimes.com
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