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Strategies & Market Trends : HOW MUCH MONEY IS YOUR GOAL???

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To: Yaacov who wrote (279)5/9/1997 5:39:00 PM
From: Frank Ellis Morris   of 470
 
Yaacov, I would venture to guess that if the bond market is in trouble due to a sharp sell off in the dollar the Fed would have an agenda to attract foreign investors by boosting the yield curve at the short end. I don't know how much the market at this juncture would tolerate without a negative reaction but I can see that the increasing of interest rates is most probable when the FOM meets May 20th.

Frank
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