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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: tonyt who wrote (38187)2/20/2000 6:35:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 74651
 
tonyt <<"What cc companies charge has nothing to do with the rate changes by the Fed. Morgage rates are effected, not
credit cards">>
Gives everyone the ability to raise rates and lowers interest paid. In the last 2 cycles cards have just started going up-- thanks to Uncle Al. Also,, the cost of cash is causing bond funds to lower dividends -- check out some of those funds. Could it be on a whim banks have raised mortgage and car loans... it all starts with Uncle Al.

<<"...and what about when he lowered rates in the wake of the Asia 'crisis'?">> Yes and when he realizes just how bad outside effects are having or how far ahead he has sent rates he will lower them again. He thinks things move fast with each move of his when in reality the downstram events have been held off in hopes he will quit so they only have to raise once instead of 2,3 or more times...