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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (71370)	12/3/1999 10:07:00 AM
From: BGR	Read Replies (4) \| Respond to of 132070

Earlie, I hear that the main threat to the US economy is a risk of inflation, which is why the long bond yields are shooting up. I also hear that this is because the economy is overheating from unsustainable growth. Finally, I hear that the bond traders are razor sharp and are never wrong, while the equities market is full of mom-and-pop traders waiting to be skinned alive. If, however, the economy grew at a much slower rate, bond traders - and perhaps also ho ho ho Mike - need to be informed, IMO. :-) -BGR.