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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (2647)12/22/2000 11:00:14 PM
From: TobagoJack  Read Replies (1) | Respond to of 3536
 
<<Could this be the "ace" up AG's sleeve in engineering the "soft landing" without initiating a run on US assets?>>

It is just possible that everyone in the world know Al Greenspan has only one more trick up his FMOC sleeve and that a whole 100 basis point interest rate cut is already priced into the financial assets in this age of drugged trading via electricity.

Al can make that rate cut, make good on his promise, and the $ may very well start imploding under the glaring spot light of CNBC, just as if Russia or Indonesia dropped interest rate in reaction to their systemic problems.

Al can hold rates constant, and watch the equity markets go into a frenzied death dance.

The world hangs on one old man's judgement.

"Come the millennium, month 12,
In the home of greatest power,
The village idiot will come forth
To be acclaimed the leader.
-- Nostradamus, 1555



To: Hawkmoon who wrote (2647)12/23/2000 12:23:17 AM
From: Ahda  Read Replies (1) | Respond to of 3536
 
Ron what good will this do unless we are seeing growth that is going to be sustainable. Wall streets figures aren't anything close to optimistic and retail sales don't seem to be to be contradicting the statement.

A strong dollar is a strong dollar that dollar means labor, buying power, lower cost for value and far more performance for the buck than we are seeing here.

The question should be how valuable of an asset to the world is our economic structure that is primarily paper service?

Can i reword your statement into thirty year bond pay back allows time to correct that which appears to be non correctable short term? Or do we retire short terms to reduce debt figures.

It is going to take some mighty fancy accounting procedures to end up with pluses on year ends that that look like easy correctable in the short term.

I totally disagree you can prime an economy to produce for you without lowering the value of the currency. Any sound economy is self generating and anything you add to it creates much superfluous junk and that includes junk bonds.