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To: Dee Jay who wrote (36267)2/24/1998 2:17:00 PM
From: Falcon  Respond to of 61433
 
I agree..... when rates were 6.5-7....we dreamed about 6...now they are right around six and we are worried....I guess the adage is true that you can't keep all of the people happy all of the time... anything between 6-6 3/8 is still a good yield for equities...especially if the S&P can avg. 10-14% a yr.



To: Dee Jay who wrote (36267)2/24/1998 2:20:00 PM
From: Marcel  Read Replies (1) | Respond to of 61433
 
Yes, I do remember...but S&P earnings growth WAS in the double digits at that time...now we are in the singles and higher rates can give big tummy aches :)

regards


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