Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HH who wrote (1604)	6/28/1997 11:38:00 AM
From: P.Prazeres	of 94695

Heyward, It is not what happens with the Fed this week that I was referring to. It's the overall picture that they are controlling. As out of the world as this sounds, the Fed will probably cut interest rates the next time it moves them...one of the driving forces behind this is a federal surplus by 2000, which would spark a reduction in US treasuries. If this scenario begins to play itself out and the markets begin to realize this, it would not be out of the question to see the long bond 100 basis points below its level of today 12 months from now, yes 5-3/4%...and thus the catalyst to ignite the secondary issues and allowing the chased Dow stocks to have their fundamentals catch up to them as opposed to their price catch "down" to their fundamentals. Just some thoughts ... Paulo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next