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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (24042)6/4/2006 6:20:28 PM
From: Rarebird  Read Replies (2) of 78717
 
>> I wanted to reduce my position in local bank stocks because of rising interest rates>>

Smart move. You know the saying, "damned if you do, damned if you don't": Higher interest rates will eventually kill the US economy. But if the Fed does stop raising rates, the US Dollar will likely collapse.
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