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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (14821)11/5/2003 8:59:23 PM
From: John ChenRead Replies (1) | Respond to of 306849
 
Elroy,re:"didn't say what those conditions". My gut feeling
is it will stay low for quite sometimes (2 to 10+years).
Any spike is just to keep you honest and will back down.
Really, we cannot afford to lose the war. It takes money,
a lot of it to fight a 'generationS war'. It's foregone
conclusion that Bush needs 'low interest rate' and will
get it.



To: Elroy Jetson who wrote (14821)11/6/2003 5:08:39 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
Besides, it seems to me the FED is agreeable to whatever the current administration wants. When Clinton was prez, everything was hunky-dory except for some "irrational exuberance", and reducing the deficit was a good idea. Now that Bush is prez, running massive deficits while cutting taxes is fine. Maybe if AG retires, something will change.


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