Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: jmanvegas who wrote (9190)	4/18/2000 8:59:00 PM
From: Jill	Read Replies (2) \| Respond to of 24042

JMan, how come you been so negative on the market lately? :-)

To: jmanvegas who wrote (9190)	4/18/2000 9:06:00 PM
From: t2	Respond to of 24042

Some pundits on the Street say we only have maybe 2 more rate hikes. Looking at where the 30-year bond is trading under 6% because of continuous redemptions by the Fed, it seems to me that AG & his crew could continue to raise rates over the next year or so. Will they - I don't know. But I'm getting this uneasy feeling that serious wage inflation is right around the corner or at least the Fed thinks so. If that happens, we go from a bear market correction in the Naz to a semi meltdown. I heard Tom Galvin of DLJ talk about the Fed moves yesterday on CNBC. He seems to be pleased that the FED will fight inflation. He thought it was good thing. I did not know the 5 year bonds were being repurchased. Their yields don't reflect serious inflation concerns. The one thing that I find amazing is that the market discounts inflations fears so far into the future. A fed that prevents inflation from entering the system will be able to preserve the health of the economy and the stock market--and the markets recognize it. If that is one's conclusion, then the inflation fear can be discounted. That is why people like Galvin are not so concerned about it. They realize the FED is doing its job effectively. JMHO.