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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (301991)2/12/2005 7:11:18 PM
From: orkrious  Read Replies (1) of 436258
 
however... cb's are large and still in charge with hedge fund baby's on the other side in partnership.....

richebacher actually thinks if the fed raises the FF to 3.5% by this August, margins will get squeezed on the carry trade to the point where the financial markets will get "unwound."

I believe Russ has said the same thing, and if they stop the dollar gets destroyed.

Interesting times we live in.
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