Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (65796)	8/6/1999 12:28:00 PM
From: Knighty Tin	Read Replies (2) of 132070

To All, we had an interesting day yesterday. Not interesting enough to keep me away from the race track, but still interesting. Stocks rallied because a financial institution is having liquidity problems related to derivative scams. That is similar to London real estate rising in price because of an outbreak of The Black Plague. <g> The theory of the brain dead is that the Fed cannot raise rates because the financial sector is about to go belly up. I would concentrate on the second part of that equation in an economy and a market built totally upon debt. <g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next