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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Hawkmoon who wrote (2647)	12/22/2000 11:00:14 PM
From: TobagoJack	Read Replies (1) of 3536

<<Could this be the "ace" up AG's sleeve in engineering the "soft landing" without initiating a run on US assets?>> It is just possible that everyone in the world know Al Greenspan has only one more trick up his FMOC sleeve and that a whole 100 basis point interest rate cut is already priced into the financial assets in this age of drugged trading via electricity. Al can make that rate cut, make good on his promise, and the $ may very well start imploding under the glaring spot light of CNBC, just as if Russia or Indonesia dropped interest rate in reaction to their systemic problems. Al can hold rates constant, and watch the equity markets go into a frenzied death dance. The world hangs on one old man's judgement. "Come the millennium, month 12, In the home of greatest power, The village idiot will come forth To be acclaimed the leader. -- Nostradamus, 1555

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