Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (36543)	7/26/2003 1:55:37 AM
From: smolejv@gmx.net	Read Replies (3) of 74559

Hi Jay - felt bad writing that NYP short comment like "cant you be a little more positive instead of bitching & baiting all the time" (do I, I dont know, I guess it's just my usual delusion of grandeur). Whatever - a little self-castigation now and then does not hurt ;) -. >>In a fascinating development not indicative of marketplace adulation for Fed policies, the yield curve is becoming unusually steep. The spread between the 2-year and 10-year Treasuries closed today at 267 basis points, 16 wider for the week, 30 wider for two weeks, and almost 50 wider over four weeks. According to Bloomberg, this is “the widest gap in more than a decade.”<< (Doug Noland) Even more interesting times ahead of us, heh? Have hair bristling on my neck. some new stuff to show/prove alternative thinking: textnart.de textnart.de btw will be in US in a week and will report how it looks and feels. A lady in the front office indicated I could do something about my beard - a sign of concern, even if over the line -. I said, if necessary, I'll just raise my hand, smile and say "Salaam. Aleykum salaam".

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