To: Starwind
You cannot expect interest rates to be at 40+ year lows forever.
The Fed has monkeyed with interest rates too long. It is time to let the markets work.
I have read that savings is at an all time low. Seniors have born this burden of low interest rates about as long as they can. In fact, in my opinion they have held the economy up and kept the stock market form crashing again.
To: HoundsTooth_BP
You cannot expect interest rates to be at 40+ year lows forever. LOL! I don't.
The Fed has monkeyed with interest rates too long. It is time to let the markets work.
They will. But I think the days of 'gradual adjustment' are over. Volatility will reign in the vacuum of direction left by Snow, Greenspan, et al.
14 posted on
10/19/2003 6:56:59 PM PDT by
Starwind
(The Gospel of Jesus Christ is the only true good news)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson