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Strategies & Market Trends : P&S and STO Death Blow's

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To: Zeev Hed who wrote (14496)1/12/2003 11:25:06 AM
From: _scar_face_  Read Replies (1) of 30712
 
Wait a minute.

I think it was you who recommended that the fed increase rates initially to spur some economic activity (before they actually CUT .50bp).

Now it's: A rise of interest rates on mortgages will kill the last bastion of strength in the consumer sector.

investorshub.com

My question is: What did you think mortgage rates would have done upon a ST interest rate INCREASE a while ago, and what effect would that have had on the "last bastion of the economy" -- and its economic effect?
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