Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (16914)	11/1/1998 12:45:00 PM
From: Enigma	Read Replies (3) of 18056

ZEEV - the owners of LTCM took a haircut as you put it - well and good - but the lenders to LTCM were the ones bailed out (unless I've got it wrong) The point I'm making is that there seems to be developing a new paradym - if you lend enough to a developing country, or a hedge fund, you will be rescued (FED and IMF respectively). Reward without risk? Not that the Fed can go on being a bail out agent for brokers/banks indefinitely.. I don't think you have taken into effect that it is not the .25 % cut which has achieved this new euphoria -but, rather, the fact that what is implied is a series of cuts to come. What happens, then, if these cuts don't happen? I read elsewhere that the Fed may ease way more - to 2% or by 2% - I can't remember - because of the $billions required by corporations to fix the YK2 problem (Ford alone $350million). Maybe the market in its infinite wisdom sees something positive in this. Have you seen those charts superimposing 98 on 29? We are now at the comparative recovery top - next little while will burst or confirm this one. E

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next