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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (7672)6/19/2001 11:42:21 AM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
The period of disinflation from 1981-2000, when the inflation rate went down consistently. Now I think that fundamental demand from a jump in new household formations will keep pressure on prices. No big spike or anything, just that the downtrend (in the rate) of the past 20 years is done. The long bond peaked at 14% in 1981. Now it's 5.7%. Treasury bills we at 22% as I recall. Now they're 3.4%.