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To: Earlie who wrote (255375)8/13/2003 9:38:17 AM
From: j-at-home  Respond to of 436258
 
lol -s

He's near the end, may just cut the string and let the kite fly high in the sky one last time, but those holes can't be patched -ng



To: Earlie who wrote (255375)8/13/2003 5:32:51 PM
From: sammaster  Read Replies (1) | Respond to of 436258
 
apps for refinance and new homes were down despite drop in 30 year rates last week...
looks like greenie guaranteeing inflation by promising to keep short term rate steady and low even if economy picks up...i dont think the bond vigilantes liked that insinuation today...

unfortunately for the economy if rates go up in anticipation of the economy growing, that rate increase in itself will pop the lending bubble and cause recession