Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (26309)	8/2/2000 10:06:39 AM
From: William Hunt	Read Replies (3) \| Respond to of 27012

Sonny ---Some thoughts on interest rates : It looks like the FED should be looking at lowering interest rates at this meeting . The NAPA came in yesterday at 51 ---just barely expanding . If they allow it to get below 50 then start looking for a recession and then the idiots on TV will have a field day . The other reason that I think rates are headed lower is the GDP number that came in at 5.8 % . The number is bogus : 1) The first qtr number was revised down 1% and I believed this number will be revised down also ----around to 4.5 % . 2) If the number was true productivity went through for the American worker since consumer spending dropped to 3% ---which should lower interest rates . We will find out the answer on August 8th when the second qtr productivity numbers come out . 3) Oil prices have dropped about five dollars a barrel which should help the inflation figures stay in check . Any way you look it the next interest rate should be down . Another comment ---If you think you and me are have down days the funds must be dying ---their is no way they can be up plus all that cash they have will have to be put to work sooner or later ---hopefully sooner . We have discuss the issue several time that technology is the only way American business can increase profits ---so it just a matter of time BEST WISHES BILL