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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST

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To: Terry Whitman who wrote (30840)10/20/1999 9:30:00 PM
From: Jacob Snyder  Read Replies (1) of 99985
 
re: "What friggin budget surplus?- "

There is a surplus in the on-budget part of the budget, which they transfer to the off-budget part of the budget, to cover the deficits there. They are trying to decide whether to: A)bribe the rich with a tax cut, the Republican plan, or B)bribe the retired and middle class with more health care spending, the Democratic plan. Your great-grandchildren's taxes will cover the cost of the bribe.

quote.yahoo.com^TYX&d=5y:

The market doesn't seem to be agreeing with there she thinks the long bond should be.
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