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To: gregor who wrote (7425)	10/25/1997 12:27:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 25814

We will know on October 28, EC Index is published and Oct 29 AG testifies. US service related wages are rising again and he must make a courageous decision NOW to scare people out of stock markets and into treasury bonds, before SE Asia starts redemptions to support their own economies. See my GDP assesmets and links at exchange2000.com My speculation is that after the markets will go south 15% to 20% then he will have the luxury to lower rates and calm things down. Sounds perverse? BWDIK. Not a pretty picture Happy Trading Haim

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