All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (8803)	2/11/2000 9:31:00 AM
From: BGR	Read Replies (1) of 42523

Umm., Heinz, the Fed doesn't set the actual market interest rates either, they only set a target and provide the liquidity, the market takes the bond where it wants to take it. As for the Euro, I keep hearing rumors that many European investors are so unnerved by the Austrian political fiasco that they have been selling the Euro and buying the Dollar. Can you please confirm? As for the yield curve inversion, as an old friend, I have a suggestion for you. Leave it alone. Playing with it is like playing with fire as many realized last week. It means nothing as far as the future of the economy goes in these days of derivatives hedging. It used to mean something in the old days, but not any more. I do not speculate in precious metals. I do not have enough money to lose. Got QQQs?

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