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Politics : Ask Michael Burke
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To: Ilaine who wrote (38276)12/5/1998 2:53:00 PM
From: accountclosed  Read Replies (1) of 132070
 
Ok with accepting p/e levels that are higher when interest rates are low.

what is your matrix that you are willing to accept:

fed funds p/e ratio

1% ??
2% ??
3% ??

I am still not going to let you off the hook. You speak in relatives which are true. But it is not good analysis to say well interest rates are low so high p/e's are ok. What levels of p/e exactly are ok at fed funds 4.75%?
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