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Politics : Ask Michael Burke

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To: Doc who wrote (9072)	1/7/1997 5:52:00 PM
From: dppl	of 132070

Hi Doc, my Ph.D. is in 30-year bond research (just joking), actually it's in communications, way back when that meant radio, tv and even writing (code, too). I'm a little puzzled my the bond now as it seems to say we are growing faster than thought, but I don't think it's really too meaningful until it breaks 7.25. However, it occurs to me that the latest rally went hand in glove with the bond's move through the 6.75 barrier (it hit around 6.35%). Therefore... equities might at least put on the breaks now. I'm also wondering about the effect of the collapsing yen on the US market. Thomas

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