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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (13321)8/6/2002 11:39:29 AM
From: Dave Gore  Respond to of 17639
 
BENEFITS OF A RATE CUT ----- More money in consumer pockets, too.

The dollar is rallying today as odds of a rate cut grow.

Will a rate cut help corporate debt and stimulate more borrowing and growth? Sure, but I like how it will help the all-important consumer.

Lowered rates will be result in even more home purchases and all important re-financings which will put even more money in homeowner's pockets as they pull out equity in their homes and save even more on monthly payments.

It also means personal debts can be more easily covered for those who use their extra money smartly.

That's good news, indeed.