Is There a 50 Base Dispoint Hike?

A lot of the stock market valuation is due to margin lending as well, when straits go up and we have a tightening on the economy. That's where you see the elevator down in prices. Right now, we're in an inflationary environment, which is causing its own problem. So certain companies are benefiting from the enflation, others being huard from it. It's dangerous to correlate one thing to the other. I do think that monetary policy does work with a six to twelvemonth lag, so you won't actually see the effects of a 25 basis point interstrat hike in march until september or december, or next march. My suspicion is that we