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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: ynot who wrote (63695)10/1/1999 2:16:00 PM
From: Ellen  Read Replies (1) | Respond to of 90042
 
Well, then, market goes up from here...lol



To: ynot who wrote (63695)10/1/1999 2:18:00 PM
From: JakeStraw  Respond to of 90042
 
I tend to agree that a possible rise in interest rates is all ready in the market.



To: ynot who wrote (63695)10/1/1999 4:42:00 PM
From: Ellen  Read Replies (2) | Respond to of 90042
 
After further reading - including re: the NAPM numbers, I now don't know what to think about the interest rates. Whether they'll be increased or remain unchanged...

The NAPM #'s came in higher than some expected so that says manufacturing is expanding ...

Personal spending is up ...

But higher interest rates hurt the value of the fixed income holdings of financial institutions ...
And some are already hurting.

So put all this in the pot and what do you get? I don't know... And 'the market' thinks they will be increased or everyone's just jittery / not sure ... or both ...