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Re: Interest Rates
Interest rates have nowhere to go but up. There are other factors but the cost of oil will drive up inflation. There are so many industries dependant on engery for production, trasportation...so on that they will be forced to increase prices to maintain their earnings so thier stock prices won't fall. The increased prices will trickle down and we will see interest rates go up at the first sigh. Alan Greenspan has already givin his warning. That being said nothing to do with the markets is set in stone, but that's my 2 cents.
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