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.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (1272)	4/28/2001 7:47:37 PM
From: Mike M	Read Replies (1) \| Respond to of 209892

Given stocks and bonds, bonds represent the more important investment both nationally and globally. How do you justify that statement? Neither market is more important nationally than the other. Both are critical and each has been played against the other by the FED over the years. A normal yield curve throughout history has been the only environment in which the capital markets can operate well. Forsake the equity market and the bond market is by definition in upheaval. No question the FED is walking a tightrope while serving two masters but to suggest that one is more important than the other is off base.