Interest Rates

[ceebeegee]

Woo-hoo!

The Dow finished at 9,899 today, the highest in quite some time. Of course it'll probably correct itself tomorrow but still--that's awesome.

Now raise the damn interest rates, Greenspan, so my accounts can make some damn money!

Comments

[minstrel70.livejournal.com]

Let's not be rash... There's no sign of inflation yet, so let's not wish for this economic recovery to be strangled in its infancy.

[minstrel70.livejournal.com]

In fact, this topic was just addressed this morning on CNN/Money.

[ceebeegee.livejournal.com]

Yay for rising interest rates!

[minstrel70.livejournal.com]

That's not exactly what the article says.

Some of us who are stuck in jobs we absolutely loathe with every fibre of our being, and who do not yet own real estate, would much rather see an improved jobs situation and continued low interest rates...

[ceebeegee.livejournal.com]

And some of us see rising interest rates as a good thing. This sort of thing is subject to interpretation, you know.

[minstrel70.livejournal.com]

Of course it's subject to interpretation. And I'm big enough to admit when you're wrong ;)

It'll be interesting to see which one of us gets a Christmas present from Uncle Alan...