Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: Rational who wrote (5828)	1/7/1998 1:35:00 PM
From: Oeconomicus	Read Replies (1) of 27307

unless Gephardt articulates the danger and wins nomination. Just what Asia needs - a protectionist in the White House (even the nomination should scare the world). I ask you, can even Super(banker)man stop a locamotive? Money will keep flowing into Dollars as long as real interest rates remain high. 3-month T-bills still yield over 5%, about the same as a year ago, but a year ago inflation was running 3%. Now it's going to zero. But can the Fed really cut rates? Can they risk stimulating and overstimulated economy? Do they want an unemployment rate lower than the average wage increases? No rate cut, at least not more than a quarter point and even that not soon. G-man will wait. Regards, Bob

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