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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: wooden ships who wrote (3700)2/28/1998 9:27:00 PM
From: Alan Bell  Read Replies (1) of 42834
 
Could Alan Greenspan's recent Humphey Hawkins testimony affected BB's view? The reports in the press indicated that AG is not about to lower interest rates any time soon. In past weeks, BB has predicated further gains on his expectation that 30 yr interest rates would decline to the 5.5% level. At the end of today's show, he said the market could move higher if rates declined or if the Fed lowered the funds rate.

But given the testimony, I wonder if BB still believes rates will drop. On Sunday's show, it would be nice if BB would relate his views about AG's testimony.

-- Alan
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