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

To: Tatnic who wrote (68689)10/6/1999 10:11:00 AM
From: Knighty Tin  Respond to of 132070
 
CC, All of those comparisons are based upon the long term return of 8-9% on stocks. Since we have had much higher returns than that during this bubble, a slightly higher interest rate is not going to tempt the herd. However, it does slow down lending, and this is a debt driven bull market and economy. So, I see it working more from the fundamental absence of easy money to spur higher highs rather than from a sensible decision by investors.


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