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To: Crimson Ghost who wrote (37536)6/2/2000 4:38:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
George, i believe regardless what the Fed does, the bubble economy will hit a brick wall...

anyway, if they don't hike in June better change your IOU's into something more tangible...before they hyperinflate them away.



To: Crimson Ghost who wrote (37536)6/2/2000 5:07:00 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 42523
 
<<Those who expect the Fed to stand pat in June may be disappointed. If this stock price ramp and dollar dump continue they will have to hike rates or risk serious inflation and a bond market collapse>>

Agreed, and I heard nothing about this from the analytical Mensas on CNBS today. IF we continue a melt up in stocks like we saw today and IF the dollar continues to sag, they will have no choice but to raise...and raise BIG!

Next week we get the PPI, the following Tuesday we get the CPI. Should be interesting times ahead...