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

To: Joan Osland Graffius who wrote (79704)4/16/2000 6:45:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 132070
 
Joan, I was under the (possibly false) impression that the treasury is actually redeeming some debt (thus, so goes the "wisdom" the inverted curve), but if they are net redeemer, it must be because national debt is somehow decreasing.

Zeev



To: Joan Osland Graffius who wrote (79704)4/16/2000 7:43:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 132070
 
"Those 401ks are paper assets which are not exactly savings until you cash them out and turn them into hard currency. "

Joan, all of my hubbies 401k funds are in the money market at the present time. It seems like savings to me. I do think that even those who hold funds in stocks should be given partial credit. After all, even if it drops by 50%, it's worth something.

Regards,

Barb


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