Ask Michael Burke 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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shadowman who wrote (98815)	5/6/2003 9:09:01 PM
From: Joan Osland Graffius	Read Replies (1) of 132070

Dennis, LOL, things have changed here also. Yes, prior to the 1987 sell off the dollar had been sold. One thing I can remember with the 1987 debacle was liquidity. The Ted Spread at that time was so wide you could drive an 18 wheeler through it. There is plenty of liquidity right now, at least as defined by this indicator, but that could change quickly. In 1987 our Treasurer announced he did not care about the currency and the dollar was sold with vigor. Snow has been silent during this last assault on the dollar, which surprises me. I do not understand why the CRB index is not flying like I would expect with the currency decline. Maybe it takes a while for things to get in sink.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next