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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: SecularBull who wrote (139510)4/19/2001 7:17:38 PM
From: Scumbria  Read Replies (1) | Respond to of 769667
 
SB,

techweb.com

Greenspan Signals More Interest Rate Hikes
(03/06/00, 3:45 p.m. ET) By Mary Mosquera, TechWeb Finance
The nation's top central banker signaled Monday he would continue to raise interest rates to keep the overheating economy from turning on itself.

The investment boom by businesses in new technology shows no sign of let-up, said Federal Reserve Chairman Alan Greenspan. Capital investments have grown, while "lofty" market valuations, especially in high-flying tech stocks, and declining prices of high-tech equipment have reduced the cost of capital.


What was this man trying to tell you?

Scumbria