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To: goldsnow who wrote (69562)5/19/2001 11:52:56 PM
From: Alex  Read Replies (2) | Respond to of 116833
 
Manipulation, never. Well, almost never.............

gold-eagle.com



To: goldsnow who wrote (69562)5/20/2001 10:12:10 AM
From: Giordano Bruno  Respond to of 116833
 
Lethal Combo

``There is only one scenario to encompass what stocks, bonds and eurodollar futures are doing,'' says Chris Low, chief economist at First Tennessee Capital Markets. ``The euros are telling us the Fed is done. Stocks are telling us we won't see profits for a year. And bonds are saying that inflation is on its way.''

The bottom line is that the Fed is ``fueling inflation in a depressed environment,'' Low says. ``We're going to have no growth and inflation.''

Low thinks Greenspan has become a victim of his own rhetoric.


quote.bloomberg.com