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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (120956)6/19/2005 11:08:05 PM
From: LindyBill  Respond to of 793957
 
The main cause is the "wealth effect."

If you are making a lot of money in the market, or the value of your home is zooming, you save less out of your job income. That figures. But they aren't set up to measure it.

I figure the long term interest rates are being held down by the Chinese money coming in.