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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (5999)6/17/1999 3:53:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
*Dear Abby Cohen Watch* - article in progress:

biz.yahoo.com

"..Markets Likely to Tolerate 'FOMC-delivered Flu Shot'..."

"..Says S&P 500 Modestly Overvalued at Higher Rates..."

".. Says Fed Move Would be Incremental, Aim at Extending Expansion..."

-

P.S. : Just noticed - post 6000 --- Congrats to Justa & Lars (not to mention da-man ...Bob Brinker)!



To: marc ultra who wrote (5999)6/18/1999 12:42:00 AM
From: Carl R.  Read Replies (1) | Respond to of 15132
 
Yes, Greenspan was very clear, and the bond markets liked it. Thus short term interest rates may rise, but the critical long bond rates fell slightly.

Carl