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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (64547)7/14/1999 11:44:00 AM
From: valueminded  Read Replies (2) | Respond to of 132070
 
William:

Appreciate your feedback, however, I evaluated the Federal Funds flow with an eye on my current situation. It would seem that people have more equity than debt in their current homes. I have as yet to meet people in that pool. Also, if you look at the amount of money in money market/savings, it was around 6 trillion. this is money in "safe instruments" and its amount has been increasing over the years.

Finally, has there (this is for my education) ever been a market crash which was not preceded by a spike in interest rates ? thanks