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Strategies & Market Trends : Asia Forum

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To: Zeev Hed who wrote (6637)9/24/1998 10:04:00 PM
From: Mark Bartlett  Read Replies (2) of 9980
 
Zev,

Been a while ... << I think he is afraid to use lowering interest rates prematurely so as not to get caught in a liquidity trap as Japan had been. >>

IMO you are dead on here .... unless the hedge funds really start to unravel, I think AG will likely not lower rates in the short term .... until things are really getting grim - it did nothing for Japan - and will do less for the US ... just postpone the inevitable.

Best to you,

MB
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