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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject8/6/2002 11:39:11 AM
From: Dave Gore  Read Replies (4) of 16631
 
BENEFITS OF A RATE CUT ----- More money in consumer pockets, too.

The dollar is rallying today as odds of a rate cut grow.

Will a rate cut help corporate debt and stimulate more borrowing and growth? Sure, but I like how it will help the all-important consumer.

Lowered rates will be result in even more home purchases and all important re-financings which will put even more money in homeowner's pockets as they pull out equity in their homes and save even more on monthly payments.

That's good news, indeed.
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