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Interest rates and the economy...
Posted 25 April 2005 - 07:16 PM
Now, I was curious about that comment because I was just hoping that the next rate hike would still come and not drop.
However, I just noticed ING Direct just adjusted it's CD rates again.
1 year went up
2 year stayed
3-5 years dropped.
Would that make ING Direct a layman's indicator of the direction of interest rates or would it mean ING is changing the rates for other reasons?
Please move this to off topic if you feel this post/thread is inappropriate for this section.
Thank you for reading this.
Posted 29 April 2005 - 02:09 PM
Posted 20 May 2005 - 02:21 PM
It's kinda the second drop...
1 and 2 year stayed.
3-5 years dropped.
Personally, this definitely encourages me to just stay with short-term CDs...(or bonds) since the spread is so small
Posted 24 July 2005 - 11:53 PM
as i'm Rather Fond of Saying:
It's All Bout Politics,so Don't Believe a Word of it !
If you Do a lil Hoework,you'll Find that Our Economy is at,Ready for This?,
$11Trillion and Some Joker tells you we're Not Strong Enough ?
the Second ranked economy is Japan,but They Lag behind Us at:
Only $4.5-$5.5Trillion,so don't Listen to any o those jerks!
in the World of Finance,you'll Knock your Sox off when you Find:
Our institutions Are the Best in the World ! No i'm Not Bashing others,
Just telling you the Facts ! the Top Ten U.S.Banks Control $100Trillion in Assets!
that's just the top Ten ! Who do you Think is Responcible for your Pensions,
or Insurance Coverage ? it Don't Grow on Trees ya know !
Just keep This in Mind and you'll Never go Wrong:
We,the People,ARE the economy! All Others exist to Serve Our needs !
by the Way: When was the Last time You started a business ? Just Do it !
your Friend in Banking: