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To: Bucky Katt who wrote (12550)7/6/2003 9:01:39 PM
From: Silver_Bullet  Read Replies (1) | Respond to of 13094
 
A good read. I think it explains the balance and needs of our economy now and for the coming months. It also shows what the Fed is, and isn't doing clearly.

investorsinsight.com

FT



To: Bucky Katt who wrote (12550)7/7/2003 3:50:09 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Mortgage rates jump to 7-week high
(nice job with the EBAY calls)

WASHINGTON -- Rates on 30-year and 15-year mortgages jumped to a seven-week high this week. But even with the increase, mortgage rates likely remain at sufficiently low levels to support the housing market, one of the economy's few bright spots.


William:

Rydex Juno fund (RYJUX) is a beneficiary of the coming upward explosion in interest rates...
bigcharts.marketwatch.com

Those in long term bond funds are going to get a rude awakening...

Jim