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Re: Any new ideas after recent events?

Started by pkamm, 06/26/2003 09:33PM
Posted 06/26/2003 09:33PM Opening Post
Seriously, I'm kind of just watching and waiting.

Prime is 4.00%, but the long bond is selling off so the 30-year yield is starting to climb. If the economy starts looking good, expect the long rates to go higher.

Locally startng to see some glimmers of hope. Some companies around here are starting to make money again. Not out of the woods quite yet.

As for the stock market, don't know how high the recent run will go, but curious to see how it reacts to rising rates in the bond market.