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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (21164)7/1/1998 9:23:00 PM
From: Mike M2  Read Replies (2) | Respond to of 94695
 
Bobby. while i would agree it is out of their control now the Fed engineered artificially low rates helped to create this bubble. While people often have a fear of hurting the economy (recession) due to a rate hike far more damage will be done when this bubble bursts. see #reply-5076436 for Paul Warburgs comment on rate hikes to cool speculation. Mike