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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (31629)2/22/2001 7:44:16 AM
From: edamo  Read Replies (1) | Respond to of 65232
 
kyrosl...."delay or speeding up of short term rate cut"

short term rate equates directly to the cost of money, tie in with a tight money supply and business that depends on short term borrowing to fund such basics as receivables get hurt, as it costs more to do business, profits shrink, and growth stalls....business only grows with low rates and strong money supply...