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Politics : Fahrenheit 9/11: Michael Moore's Masterpiece -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (846)6/28/2004 9:03:03 AM
From: JeffA  Read Replies (2) | Respond to of 2772
 
Kerry's poll numbers usually rise when he is in a quiet mode. That is why he is kept from speaking.



To: Jill who wrote (846)6/28/2004 7:03:27 PM
From: Jim Willie CB  Respond to of 2772
 
even slightly higher interest rates will slow the economy
and hurt Bushy, aka the Idiot Prince

the impact of higher rates will be both sudden and amplified
because it shows up immediately in home equity loans, in mastercards, and in vendor finance deals

also, the amplification comes from the extreme dependence in the financial markets AND the real economy

we had a violent bond revolt this spring WITHOUT any announced official Fed actions
imagine what happens when they do hike
the slowdown will be very quick
in 1999 we had several rate hikes, and got a stock bust, a telecom bond bust, and a recession
expect the same, TIMES 3-4

on Monday report, I put together a comparison
"A WALK PAST 1994 MEMORY LANE" on Financial Sense
some nice graphs in a pictorial walk to expose key risks, which are much much greater than in 1994
these have political impacts ultimately

financialsense.com

/ jim