SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steeny who wrote (19146)5/28/1999 1:46:00 PM
From: Tom Tallant  Read Replies (1) of 41369
 
Steeny,
Good post. What's interesting to me is...big ticket items like houses and automobiles generally sell at their highest levels when people feel their net worth is at a high. (real or imagined). That generally occurs when the stock market is taking off. The same thing happened last year. Also, those stats lag what growth is since the recent uptick in bond yields.
What I find curious is that...interest rates are already up around .8 from 5 %... or the equivalent of 3.2 1/4 point raises by the FED if they had raised at that level. Somehow I don't see the Fed raising even more now that the market is spooked and the bond market has done much of the Fed's work for them. Don't forget also that Europe is still trying to stimulate growth not slow it. Thoughts?

Regards,
Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext