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Politics : Ask Michael Burke

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To: Activatecard who wrote (58670)5/6/1999 1:35:00 PM
From: Mama Bear  Read Replies (1) of 132070
 
"The touts keep raising the bar on what interest rate will cause problems. It was 5.4, then 5.5, surely 5.75 and now 6%..."

Heck, I can recall when the magic # was 7%. That wasn't even that long ago. I think as long as the long term trend is down minor fluctuations along the way aren't going to matter. BWDIK?

Barb
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