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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Archie Meeties who wrote (2644)12/23/2000 10:19:55 AM
From: Henry Volquardsen   of 3536
 
I wouldn't be surprised if the first few cuts were met with a wait and see attitude. I personally think that the psychological damage the market in general, and me specifically :(, has suffered will take a while to heal and more than one catalyst to get it moving. That said I do think there are a lot of bargains out there........ as well as some garbage that is still over priced north of zero.

Re what the market is forecasting re rate cuts I was only referring to what is technically built into the futures curve.
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