Forum Archive Index - January 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

Re: [sharechat] USA

From:	"Nigel Varey" <nigelv@clear.net.nz>
Date:	Wed, 5 Jan 2000 12:59:11 +1300

imho

interest rate rise coming,greenspan wanted to raise them, to cool the overheated us economy but was relucant to before new year incase there was y2k problems.the 2 things together could've precipitated a major correction when he only wants minor corrections

interest rate rises=increased costs to business=less profits

mortgage payments go up=less to spend with amazon,ups,......

also investors can get better deposit rates at the bank and sell shares to bank money.

rgds nigel

-----Original Message-----
From: John W Stockley <HOMEWARE@xtra.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Wednesday, 5 January 2000 12:41
Subject: [sharechat] USA

Anybody any idea why the dow has dropped so far in the last two days.

Everything I've read recently predicted, without Y2K hassles , the markets would rise.

regards

John

Messages by Date [	Next by Date:	[sharechat] New Feature Ben Dutton
	Previous by Date:	RE: [sharechat] USA Sarah Corkill ]
Messages by Thread [	Next by Thread:	[sharechat] SVY Flannagan Michael
	Previous by Thread:	RE: [sharechat] USA Sarah Corkill ]
Post to the Forum [	New message	Reply to this message ]