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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (44490)1/10/2004 2:09:30 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Jay, my usual bias that things will happen more quickly than they do continues. So, interest rates have NOT increased and in fact have lowered from 2 years ago.

People continue to work for less.

I am getting very bored with my US$ earning only 0.94% while Q zoomed to 600 and G to 420.

So, for now, my theory about what will happen is wrong. I thought 2 years would be heaps of time to tidy up the mess and get things back on track. Okay, I'll wait another year.

If I'm wrong [as I've been on interest rates] then it's no big deal. QCOM has, along with the rising tide, done as expected and NZ$ assets are very happy too. Overall, hooray for 2003 [and 2002] - total nausages = many more.

Mqurice



To: TobagoJack who wrote (44490)1/10/2004 2:45:07 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 74559
 
Hi Jay,

Good Lord!

0.001% to the common masses and 0.005% to the "privileged" few???

Looks to me like a US$ denominated money market account paying between 0.35% and 1.0% would be "attractive" to some investors with HK$s to spare... <g>

Maybe this is a part of the global relocation of individual savings to the USA so that debtors can continue to borrow at negligible costs... <vbg>

KJC