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Politics : Idea Of The Day
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To: J.T. who wrote (26397)5/21/1999 9:14:00 AM
From: gerard mangiardi  Read Replies (1) of 50167
 
I believe that there is a long term downward bias in interest rates and that we haven't even seen levels that will be close to the bottom. Gov is borrowing less and corps I believe are about at their peak borrowing levels now. Why borrow $ when you can sell stocks at 40x earnings?
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