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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (2679)	6/25/2003 10:50:46 PM
From: GraceZ	Read Replies (1) \| Respond to of 4905

Its people who are channeling the money in there, not the Fed. Ask your average grandmother where she is putting her CD money now. Ask the average person if they want to invest in the stock market or buy a bigger house. Once people get it into their heads that real estate is the BEST place to sock away money, that house prices only go up, it takes a world of pain to break them out of it. If anything the Fed has been following interest rates down not leading them.