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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bonnie Bear who wrote (24226)8/13/1998 11:56:00 PM
From: Gersh Avery  Read Replies (1) of 94695
 
Bonnie Re:"with such low interest rates"

This thing about low interest rates has been getting to me lately.

I've begun to think that it's just propaganda.

When fear hits the stock market hard money flows into bonds driving interest prices lower. Just look at Japan. Has low interest rates been good for their stock market?

I think that our markets are beginning to develop just such a feel to them : lowering interest rates and lowering stock prices at the same time.

Gersh
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