SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (52926)9/24/2001 8:00:43 AM
From: Alastair McIntosh  Respond to of 70976
 
Gottfried, of course that is correct. However, I think it unlikely that long term rates will come down. The Fed model is based on the 10 yr. rate. This will probably not be affected by cuts in short term rates.

Al, if interest rates come down more, that might make up for reduced SP500 earnings in the Fed model.

Al