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Non-Tech : The Woodshed
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To: Little Joe who wrote (5393)4/29/2004 8:54:56 AM
From: 3bar  Read Replies (3) of 60908
 
LJ : The one item not covered well on this board is the effect of the low interest rates on stimulating the economy.

The capital expenditures will do to that sector what the rates have done in housing. Think about the housing market.

These are big time stimulus. Once the low rates get it in motion you have profits kicking in and pushing prices higher, creating employment. We are just starting to see the combined effect at this time.

We are at the start of the middle in this market expansion.
The negatives about the economy are also true but for a while they have been over emphasized.

Hope this helps . jack
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