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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (25060)8/24/1998 6:24:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
LG; As for the yield curve all I know is it's not healthy,
I hate to speculate beyond that. I see the bond market is
sick in some way, I don't know why or what it will lead to,
and I don't think the witch doctors do either. <G>
Except it likely won't be good, or a lot of fun, somebody is
going to lose a ton of money.
We could do a lot of what ifs, like what if all them buying
the long bond at this time, get paid back with dollars that
wind up being a lot cheaper, and so on.
If it inverts buy short term rates going up, or by long
term ones coming down, I doubt that will make for much difference
in the out come, it spells trouble.
Jim

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