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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Jeffery Lakeshire who wrote (64063)9/24/1999 10:49:00 AM
From: pater tenebrarum  Read Replies (2) of 86076
 
Jeff, i recommend to closely watch the Euro...as soon as it begins to show signs of life, there will be a mass exodus of European investors. they haven't sold much yet, because they don't believe in the Euro. but European economies look perkier of late and the Euro-zone has big trade surplus with the U.S., so it's only a question of time. also German govt. bond yields have risen much faster than treasury yields. mark my words: watch the Euro...it's much more important to the U.S. stock market than the Yen.
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