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Non-Tech : The Critical Investing Workshop
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To: Uncle Frank who wrote ()1/29/2000 10:30:00 AM
From: candide-   of 35685
 
From CNBC SCOUTING REPORT FOR NEXT WEEK
The tension generated by the impending Fed interest rate
increase should break at last when the Fed reports its
decision on rates on Wednesday at 2:15pm. But it's not
clear that the break will be for the better. This
morning's economic reports made everyone jittery. By
afternoon they were even more jittery because the
interest rate inversion that has existed recently
between 30-year bonds and 10-year bonds, was extended
to five-year bonds. (Inversions are regarded by some as
indicators of recession.) By next Friday, the picture
should be clearer and, we hope, brighter.

* Complete U.S. Index Listing
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