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>At some point the bonus from refinancing due to lowering of rates
> has to peter out.
I agree, and I'm NOT saying the bear is over, or that fundamentals
are "good," but it just seems (three years after the top) that we are
not in a 1932 style scenario (yet).
--- In realtraders@xxxxxxxxxxxxxxx, "Charles Meyer" <chaze@xxxx>
wrote:
> This is only one factor in the mix; which is the real estate
market. There
> are other important
> factors in the equation such as inductrial production, capacity
utilization,
> and consumer
> spending. At some point the bonus from refinancing due to lowering
of rates
> has to peter out.
>
> chas
>
>
>
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