Your investments and the economy.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), May, 2002 | by Comerford, Mike

Byline: Mike Comerford Daily Herald Business Writer What did you think of the Fed's decision to keep rates low? "I think it was very positive. I think the Fed understands that the economy is still way too touchy, still waffling. I think we won't see a raise in interest rates until we see firming in the economy and we won't see that until later this year." What accounts for the Dow's 305-point rise on Wednesday? "Everybody was waiting for good news.

We've just been cranking out bad news lately, 24 hours a day, seven days a week - war, scandal, gloom. We needed something like a Cisco, (whose earnings and outlook) were a boon to the markets." Which sectors look good right now? "I've been studying healthcare for the last few years. As the baby boomers...