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Replies to #7557 on The Black Box
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Chris McConnel

10/28/03 4:36 PM

#7561 RE: sylvester80 #7557

But if the Fed is determined to keep short-rates low, couldn't we have inflation without high long-rates?

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dieselfuel

10/28/03 5:39 PM

#7594 RE: sylvester80 #7557

"High inflation means high interest rates which is not good for stocks. Why invest in stocks if you can get 10+% a year of a 5-10 year CD."

Do we have high inflation? What do you consider high?

Inflation won't be "high" for MANY years.