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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: yard_man who wrote (35490)4/22/1999 12:13:00 PM
From: Defrocked  Read Replies (1) of 86076
 
FWIW I am looking for another 2 point decline
in bonds before or immediately after Q1 GDP
next week and the May 7 employment report.
That will take the bond to 5.75% or beyond. Commodities(oil), US
and foreign stocks, and real estate(REITs, housing prices)
corporate demand are telling me that the low rate
environment( under 6%) may be over without a BK.
And we all know that the BK is a myth. The
stock market should tolerate 6% if
it doesn't happen too quickly. BWDIK.
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