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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: shades who wrote (62555)	6/2/2006 7:13:47 PM
From: zebra4o1	Read Replies (1) of 110194

President Bush now has a ‘dream team’. President Bush has to be given credit for making several good appointments to key positions, in my view, including Mr Bernanke as the Fed Chairman, Mr Kohn as the Fed’s Vice Chairman, and now Mr Paulson as the new Treasury Secretary. I believe that the Fed has the best men in the key seats. We can say the same about the US Treasury, particularly if the White House has made a deal with Mr Paulson to give him more autonomy and say in formulating policies. This cannot be negative for the dollar, in my view. Stephen Jen (London) Morgan Stanley morganstanley.com

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