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To: hroark2000 who wrote (57133)12/28/1999 10:51:00 AM
From: Jim Willie CB  Respond to of 152472
 
election dont mean shit, compared to keeping economy on track

I expect Fed to over-react
best course is absolutely no change

very interesting times... the Bond market is competing unsuccessfully with the Stock market now... bonds and stocks have not rallied together in months... TBond yield of 6.3% or 6.4% or 6.5% is another world of relevance, compared to tech stocks that are rallying like angels on steroids... I love the stability in USDollar as we speak

I anticipate numerous Fed errors in coming months
I expect Fed to ease rates and reverse their errors in mid/late autumn y2000

/ Jim