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


To: Murrey Walker who wrote (34303)3/21/2001 10:17:39 AM
From: edamo  Read Replies (2) | Respond to of 65232
 
murrey...agree they are doing their job, 1.5 points since january is sizable....but they are cutting only to negate an overcorrection caused by their increases...

rates always impact on business, economists can't grasp this basic...higher cost of money=higher cost of goods, along with extended roi=less capital expansion....

a high school grad can understand such simplicity...