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To: Jack of All Trades who wrote (68026)10/12/1999 9:56:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
Jeff, yes, it works for a time...and then it suddenly stops. just now there was a guy on CNBC recommending financials 'because we believe interest rates have topped out here '. they haven't, there are way too many bond bulls out there.

decisionpoint.com

apparently the stock market still believes inflation is dead, but obviously the bond market doesn't.