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Technology Stocks : Apple Inc.
AAPL 275.27+0.3%9:52 AM EST

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To: HerbVic who wrote (55695)8/11/2006 2:08:30 PM
From: Doren  Read Replies (1) of 213176
 
We had a discussion about this awhile back and I predicted at that time the Fed would boost interest modestly which they did but then nothing until after the election. No way will they raise again before the election is over.

They have to pay for the war somehow. They COULD raise taxes drastically. That means higher interest rates and deflating the dollar. The war affects everything we try to build in this country sucking talented engineers out of the consumer products sector and into the defense sector. That enables Japan and the other industrial countries to build better cheaper products.
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