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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (62047)	11/8/2000 5:11:01 PM
From: Tunica Albuginea	Respond to of 99985

Greg...the Fed is...us: we spend too much... and don't have the moneys for that! It's the history of the 20 th century! :-) TA

To: Boplicity who wrote (62047)	11/8/2000 5:19:13 PM
From: Casaubon	Respond to of 99985

I don't know anyone who isn't buying big ticket items because of high interest rates. I have read a couple of anecdotal stories of people who have postponed purchasing a house because of stock price collapsing. Now, if you believe the Fed raising rates a point and a half could have such a profound effect on a "fairly" priced security then perhaps there is some truth to the argument that they caused the stock to collapse. I think anyone who followed the internet mania and subsequent crash would have a hard time associating blame on the Fed. I also think, by analogous reasoning, the Fed can hardly be blamed for any misplaced investment. I always found it amusing that no one questioned 20% annualized returns on 4-5% GDP growth.