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Pastimes : Ask Mohan about the Market
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To: Tommaso who wrote (11059)12/11/1997 7:56:00 PM
From: Mike M2  Read Replies (1) of 18056
 
Tommaso, I hope the Fed realizes that the punatively low interest rates is a significant factor in this mkt bubble and would be very reluctant to lower rates. The saver has become an investor who thinks there is no risk if you're in it for the long haul. Prolonging this bull will only distort the wealth distribution in this country even more as the rich gladly sell their stock to an all too eager public. Mike
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