Booms, Busts, and Recoveries 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 : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tradermike_1999 who wrote (16768)	3/13/2002 7:34:41 PM
From: westpacific	Read Replies (2) of 74559

"Dear Richard, If you look at the Treasury Yield curve, inflation not deflation, seems to be the market's next enemy. Greenspan has bet the shop on beating the recession and is now caught between tightening and stalling the recovery -- and risking inflation from the frantic monetary expansion. "While there is a lag of 18-24 months before the price effects feed through, unfortunately for Greenspan, the debt markets will adjust yields immediately, squeezing profit margins and creating debt servicing problems for the over-leveraged. Debt quality suddenly got worse and stock markets hate inflation because at the outset, costs lead prices. Maurice Newman Office of Mr. Maurice Newman Chairman, Australian Stock Exchange"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next