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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: BGR who wrote (77884)12/3/1999 10:15:00 AM
From: pater tenebrarum  Read Replies (2) of 86076
 
BGR, yes, you were right...only it had nothing to do with the EU rate hike, and everything with Y2K related capital flight, as well as the latest hike by the Fed and the subsequent widening of interest rate differentials in the respective bond markets.

your "responsible" Fed is doing this:

stls.frb.org

stls.frb.org

they're pumping up the money supply like never before, which is boosting the asset price bubble further. very responsible...
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