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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (24734)9/30/1998 2:45:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Ian, astute observation! GM [end]



To: Ian@SI who wrote (24734)9/30/1998 3:39:00 PM
From: Big Bucks  Respond to of 70976
 
Ian,
AG is a master at market psychology. He gave everyone the interest
rate cut that they wanted even though it does nothing tangible for
anybody. Rate cuts tend to stimulate more lending, thus increasing
the debt load/ratio which is good for banks/lenders but allows
taxpayers to incur more debt at lower rates which I view as a negative. But it is "good" for business since it is suppose to stimulate
more buying by consumers, a viscious cycle, IMO.

Just my opinion,
BB


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