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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: DebtBomb who wrote (86524)6/26/2002 2:04:28 PM
From: michael97123  Read Replies (1) of 99280
 
zeev said yesterday a 10% chance of a hike but that was before wcom debacle. What if greenspan said recovery on track, no signs of inflation but he is concerned by falling dollar and markets and feels US rates need to be more competitive with europe, thus and increase. And keep the bias neutral. Then you would get knee jerk sell off and perhaps some smart money coming in. I am probably wrong about this--grasping at straws.
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