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To: MulhollandDrive who wrote (26554)8/6/1999 10:32:00 AM
From: Boplicity  Read Replies (1) | Respond to of 93625
 
So the rates go back to where they were. In the mean time corporations earnings have expanded, large corporation have floated large bond deals at lower rates, many house holds have finished refinancing, and the world economy is picking of steam ready to buy back into and catch up to the American system of doing things. The information age is making one large multifaceted culture, with the USA spewing forth the bad and the good. I had it with thinking short term, 2 to 5 years the market will be higher, buy big, play with the small. Furthermore the tres. dept is planning buy back Debt. All and all I see no recession. Can you honestly say that you see one?

Greg



To: MulhollandDrive who wrote (26554)8/6/1999 10:55:00 AM
From: DMaA  Read Replies (1) | Respond to of 93625
 
Except that the bond market has already done a lot of the Fed's work for them. I see 30 year fixed mortgages are back up over 8%.

The FED has a green light after todays' employment numbers to raise rates.