A sharply higher rates = higher CD rates......Remember at one time that CD were over 13%....Why risk your money in the market if you can get 13% risk free?
sharply higher rates
Started by
da_cheif
, Jul 06 2007 11:40 PM
22 replies to this topic
#21
traderpaul
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Posted 08 July 2007 - 01:55 PM
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#22
da_cheif
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Posted 08 July 2007 - 02:35 PM
13% risk free again 300% with slite risk.....ill take the later......A sharply higher rates = higher CD rates......Remember at one time that CD were over 13%....Why risk your money in the market if you can get 13% risk free?
#23
arbman
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Posted 08 July 2007 - 10:42 PM
Chief, there is only one thing I know and that is the generational bubble we had and now you imagine again for tech stocks on Nasdaq is impossible to stage without some sort of catalyst, meaning gov't sponsored easy credit. The Fed is not able to do so yet, the 1998 crash was the main reason of the easy credit flooding the markets back in late '90s, the conditions are not the same at the moment...
A slow steady rise with years of backing and filling and marching higher and a few corrections here and there, sure possible and I think it will happen. There is no free credit to spare for the next nasdaq bubble at the moment, imho. If there was, people would've paid off their credit balances first. The credit card balances are much bigger than you imagine, let's not even get close to the mortgages and housing...
You think big, but I guess too big this time...
