SI
SI
discoversearch

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.
Technology Stocks : America On-Line (AOL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steeny who wrote (19409)6/1/1999 10:50:00 AM
From: D.J.Smyth  Read Replies (2) of 41369
 
from Dow Jones:

<<The Treasurys market has now priced in one full percentage point of
tightening in interest rates by the Fed, which is "pretty aggressive," said
Danyelle Guyatt, a fixed-income strategist at Deutsche Bank in London. She
said it is more likely that any interest-rate increases would be limited to a
total of one-half percentage point.
The Fed may yet find its hands tied by events outside the U.S. "The Fed
has moved to a tightening bias, but the global picture isn't stable enough for
them to leap in," Guyatt said.
The policy-making Federal Open Market Committee holds its next session
June 29 and 30.
U.S. Treasurys saw selling earlier Tuesday in Tokyo as the dollar fell
against the yen on a published report in an obscure Japanese newspaper that
Prime Minister Keizo Obuchi will decide to suspend Japan's 5% consumption tax,
which would indicate a recovering economy. A spokesman for Obuchi and Finance
Minister Kiichi Miyazawa later denied the report carried in a paper for
Japanese stock investors called the Nikkan Toshi Shimbun.
Copyright (c) 1999 Dow Jones & Company, Inc.
All Rights Reserved.
06/01 9:20a CDT>>

With y2K scare looming and the world remaining in a shaky economic condition why do you give it 70%? Market has already priced in one full percentage point rise. There is absolutely no to little inflation. Why would the Fed trounce something that isn't there? Asia continues to price goods for sale under ours.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News