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To: Black-Scholes who wrote (62550)6/15/1999 12:26:00 AM
From: Mike M  Respond to of 164684
 
THERE'S NO INFLATION! Get it?

Do you really think the bond market gives a damn what yesterday's inflation numbers are? It's just supply and demand, just like the stock market! They loved those bonds at sub 5% last September and they hate 'em today at 6%....They loved internets until a few months ago and now....

By the way...the money supply will either be brought under control or inflation will follow....believe on that.