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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: gregor_us who wrote (13808)5/13/2004 1:25:59 PM
From: AK2004  Read Replies (1) of 110194
 
re: I'm no longer convinced the Fed can hike in June

if greenspan is still sane he must make his decision on market sensitivity rather than anything else. Changing market expectations over the last 3 months plus the time till June should be sufficient feedback.

I was not convinced in the rate hike in June to begin with but market proved to be less sensitive than I expected. If relative lack of sensitivity would continue than there is a strong likelihood of a hike in spite of the fact that this is election year.

As far as oil prices there are few measures that are available to Bush......
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