Wages and Panic Buttons (http://www.nytimes.com/yr/mo/day/oped/03tyso.html) (fwd)

[Doug Henwood]

Max Sawicky wrote:


>The stock part is hinky;  I'll leave that to Henwood.

Higher interest rates are almost always bad for stocks, and lower 
rates almost always good (except in a deflationary depression).

Doug