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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (33063)9/29/1998 1:16:00 PM
From: Merritt  Read Replies (1) of 132070
 
MB:
I noticed you said 'was' long German bonds and short U.S. treasuries. I hope so, what with the election results in Germany, I look for the new gov't to increase the money supply and their spending to stimulate the employment situation...not too good for the DM, IMHO, especially since the gov't has said they've underwritten all those Russkie loans. What happens to the Euro if the DM weakens? I guess that would make the Italians happy.<G>
Best regards, Merritt
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