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Politics : Idea Of The Day

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To: steve susko who wrote (21725)	12/3/1998 11:45:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

Let me come back from LIDO I will respond to you-- German rates cut will only be good if we have some good numbers In US- we need this huge tanker US to move in the right direction if US slows no rate cuts anywhere can help and I would like to see why did they do it like thief in the night approach is instead of convergence divergence has commenced again- why liquidity crunch and secondry markets are not attrecting enough monies and why hedge funds are not happy with the way secondry bonds are moving- if we get the secondry market converging after this rate cut we will be alright I will rather have these rate cuts under strong economic environment than weaker and add on to it lower prices alongwith Oil you have a making of a problem so far I was not worried at all as numbers indicated a great growth churning along fine but I need toi openly discuss this issue throughly need a brain storming session with friends here............Ike

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