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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (38131)12/3/1998 8:38:00 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
interesting article on bonds...

uniontrib.com

>>However, as Merrill Lynch chief economist Bruce Steinberg says, the Federal
Reserve "doesn't want to see all the liquidity it creates pumped into equities."
So it may hold off on more rate cuts, and that wouldn't help bonds, unless
there was another massive sell-off of stocks.<<
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