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To: fut_trade who wrote (19856)3/24/2000 8:50:00 AM
From: pater tenebrarum  Respond to of 42523
 
Peter, yes. the then chief economist of Salomon Bros., Henry Kaufman (a.k.a. "Dr.Doom") announced that he thought that interest rates would fall. this call came on the heels of Joe Granville's alert to his subscribers to 'sell everything', and was the catalyst for the August rally. indeed Kaufman turned out to be right, and nailed the start of the disinflationary period almost to the day.