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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: MrGreenJeans who wrote (7454)8/4/1999 1:23:00 PM
From: Boca_PETE  Read Replies (1) of 15132
 
Mr.GJ:RE:<Effect of Treasury Reverse Auctions to Buy Back Gov't Debt>

(1) Haven't the recent occurrences of an "inverted yield curve" predicted at least 7 of the last 3 recessions ?

(2) Are you suspecting (as I am) that some of the money the Treasury pays out to buy back the national debt will find its way into the equities markets to support high p/e ratios ?

P
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