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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (10942)12/5/1997 1:50:00 PM
From: bearshark  Read Replies (2) of 94695
 
GZ: I agree with you on short-term rates. By mid-year, I believe we will be seeing the effects of the SEA devaluations in the U. S. economy. This should result in lower rates. Although the Fed currently continues to be biased towards higher short-term rates because of employment issues, I assume they will hold off on any increases at this point.

However, if they do increase rates at the December meeting, I would consider it a major blunder.

But then again, what do I know.
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