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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: patron_anejo_por_favor who wrote (2679)6/25/2003 10:50:46 PM
From: GraceZ  Read Replies (1) of 4905
 
Its people who are channeling the money in there, not the Fed. Ask your average grandmother where she is putting her CD money now. Ask the average person if they want to invest in the stock market or buy a bigger house. Once people get it into their heads that real estate is the BEST place to sock away money, that house prices only go up, it takes a world of pain to break them out of it. If anything the Fed has been following interest rates down not leading them.
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