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To: Jim Willie CB who wrote (1551)1/29/2000 5:06:00 PM
From: SOROS  Read Replies (2) | Respond to of 35685
 
Dear Jim,

Doesn't a growth rate (GDP) of 5.75% scare the living begeebers out of you and make you think Mr. Greenjeans will begin to butcher this down by raising rates? I think he'd like to see 1/2 this growth rate. I think there may be bounces, but this market has been stairstepping up 2 down 1, up 2, down 1 for a long time now. It sure looks like we're entering a period of 2 down up 1, 2 down up 1 which could take these markets considerably lower. We'll see. I am waiting to be convinced.

I remain,

SOROS

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