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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (14347)	2/20/1998 5:32:00 PM
From: Defrocked	Read Replies (1) of 18056

YTY M3 growth is now 9.3% in US versus only 3.1% in Germany, 4.1% in Switzerland,1.8% in France. Buy your wine, BMWs, watches,and more wine now.<g> And hold marks and francs until the EMU comes. The Japanese are not helping us here. The lack of fiscal stimulus there puts restrictions on how quickly and to what extent AG can turn down the US money spigot. And maybe that's what Europe and Japan ultimately desire. A reduction in the reliance on the greenback. Dangerous game. Next week's testimony by AG will be closely watched by currency traders. Positions and bets will be placed concurrently and may establish trends.

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