To: GodAndCountryFirst
It amazes me that there was ever a bull market.The bull market resulted from a lack of options. Many people see no other place to go.
To: Senator_Blutarski
Exactly. With interest rates near zero there is nowhere else for money to go. In fact one can get more in dividends from many stocks than in bonds. The fed has artificially created low interest rates and this demand for stocks. Another point is the government NEEDS low interest rates to keep the interest on the debt low. Because Obama has significally increased debt we face a balloon note once interest rate rise. The interest on the debt alone will consume much of the budget
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson