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Citing California, Iraqis Reject Democracy


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10 year yield at 4.54% and Amazon breaks below $40.

 

Is it time for an inter meeting rate cut?

 

I mean because of the Amazon thing.

You must be too old to understand this new economy thing. Isn't that internet stocks, and other tech stocks immune from high interest rate ?

 

It remind me in early 2000 when a lot of guys on Wall Street were talking why Fed's rate hikes did not matter to tech stocks. Even WSJ did an front page story on it.

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