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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 171.35-1.4%2:57 PM EST
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To: Gottfried who wrote (2547)9/10/1997 5:59:00 PM
From: Ian@SI   of 10921
 
GM,

I guess I should use a more straightforward sentence structure.

I meant what I think I typed. ;-)

i.e. From the mid 70s through the 80s, Interest rates were uncharacteristically high. Compared to that period, and only to that period, interest rates could mistakenly be seen as "low". However, relative to average interest rates during the past 2 centuries, today's rates are much higher than should be the case, IMO.

Best regards,
Ian.

re: When you said... > not only are interest rates low by recent historical standards, they're also too high by standards for the past 2 centuries.<...
you meant high, I think.
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