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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (29043)	9/5/2000 2:08:41 PM
From: James Strauss	Respond to of 42787

Cutting rates might not sit well with some very large and future holders of our debt! It would sit very well with the American investor and economy... It would also aid the gov't in paying down the debt... One of the largest holders of our paper is Japan... Comparatively, our interest rates are higher... So, even a series of rate cuts still makes U.S. debt more attractive to Japanese investors... Also, there is the safety factor... U.S. debt is the safest international debt to hold... So, cut away Mr. Greenspan... : > Jim