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To: Voltaire who wrote (42068)9/21/1999 1:01:00 PM
From: Jim Willie CB  Respond to of 152472
 
VoltageMan, agreed about the implied strength of deficits

today's surprise to me is that bonds are holding their water well
30yr TB yield only up to 6.1% with a weakened dollar
it tells me we rally as soon as market puts deficit behind

strong economies import... onliest trouble is that with zilch savings rate for Americanos, we are overspending with the stock wealth effect constantly in the backs of our collective minds... stock shares will continue to do well as long as spending continues, period

I rue the day when the USA pulls in the reins on our spending... I expect to see this bull market continue with burps and hickeys until I am supposed to retire in 15-20 years

BUT gonna pull my plug much earlier than that
way too tired dealing with shortsighted MBA types controlling the corporations
need time to chase pressingly nubile rubias
where is my JuiceMan?
/ jim