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Strategies & Market Trends : Waiting for the big Kahuna
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To: James F. Hopkins who wrote (20144)6/12/1998 10:35:00 AM
From: Henry Volquardsen  Read Replies (2) of 94695
 
James,
If the currency turmoil continues in Asia, which I believe it will, I believe we will see continued cash flow into the US markets which will continue to support low interest rates in the bond market. Also I believe that the slower growth that will result globally from the deflationary collapse of Asia will eventually see the Fed forced to cut rates here as well.
Henry
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