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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (48978)	2/25/1999 6:14:00 PM
From: heraclitus	Read Replies (2) of 132070

MB, Up until moments ago I was under the impression that falling interest rates were good for the banking sector. I probably got this impression listening to CNBC. Just now they said that rising interest rates may also be good for the banking sector. My question: Is there then anything bad for the banking sector? No answer is really necessary, the question being rhetorical. It just seems there is a continuous flow of babble and nonsense from these people as they try to come to grips with the bond market activity while justifying equity valuations. homer

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