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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (5544)6/15/1998 12:24:00 PM
From: Alan Bell  Respond to of 42834
 
" Wonder if the next move by the Fed will actually be a decrease eventually rather than an increase.'

At Greenspan's testimony last week, he made some telling comments on this front. He was asked if real interest rates might be overly high. He responded that the interest rate sensitive parts of our economy are doing well despite this. He specifically cited the booming construction industry and good car sales.

-- Alan


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