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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: GREENLAW4-7 who wrote (1051)10/21/2001 2:06:47 PM
From: Joan Osland Graffius  Read Replies (1) of 99280
 
green, >>I suspect Long Bond will head north and be above 8% ny the end of 2002.

Help me to understand how this can happen with the debt load of the US consumer, corporations and government. Also how to we get inflation with the global over capacity.

I could see inflation if we have a oil or some other commodity problem Right now it seems line Russia is going to export more oil and will cause OPEC to have less power than before. Also China seems to be developing its oil resources with success.

The boys that have been there done that like Sir John Templeton are recommending buying AAA rated non callable long term debt. This does not sound to me like they believe inflation is going to be a problem.

BWDIK

Joan
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