Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.67

+1.6%

Nov 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Bechhoefer who wrote (123200)	8/15/2002 9:09:38 PM
From: cfoe	Read Replies (2) of 152472

OT? re: interest rates and inflation. ...with pressure on inflation coming from (1) reduced grain yields from a major drought in the midwest Heard an agra-expert say that most if not all of any shortage in US will be made up from overseas growers. As an example he said that Brazil is poised to produce more soybeans than the US because of the drought. Therefore, price impact of drought will be minimal. (2) continued high prices for crude oil, natural gas, and refined oil products (due in part to the filling of the petroleum reserve in case of a war with Iraq), long term interest rates may be headed up ... Definitely an unknown. It could drive the long-term US Treasury bond up in price (and drop interest rate) with a flight to quality. It's also unlikely that the Federal Reserve will reduce the federal funds rate if inflation picks up. Not if they see a much bigger threat in deflation. Japan's experience for hte last ten years shows that it is much easier to address inflation that deflation. They're really big on dampening the effects of inflation, even if it means dampening the whole economy. See item above.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next