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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (7506)	8/22/1997 7:13:00 AM
From: Mark	of 50167

Good morning Iqbal, Excellent post, "Why is the market jittery?" Last week I indicated that I would send you an E- mail. The reason I didn't was that sooner than I could type, You and thread already had regrouped and organized to avert any future disruptions. What a superb leader and what a wonderful thread! In my post #6564, I wonderd if the bond market, in the long run, is going to be pleased with the "stimulus" aspects of the recent budget agreement. This may be truly an imaginery concern as even a slightly faster growth rate might not be a problem given the secular disinflationary mode we are in. However credit markets are used to disliking "stimulus" and as you know old habits die hard. Hope you have a great day,by now you know I admire your style not only for your market savy but also what you stand for. Best regards, ST

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