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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (104393)	5/23/2001 11:16:53 PM
From: stomper	Respond to of 436258

My, Kasriel is sounding sensible (although his premise seems unlikely -g-): Greenspan will return to the scene of his "irrational exuberance" crime this Thursday evening - the Economic Club of New York. With the yield curve having steepened dramatically (something Santomero mentioned today), with the yield spread between non-indexed Treasuries and inflation-indexed Treasuries having widened significantly since the end of last year, with commodity prices picking up, including gold, and with the broad monetary aggregates going to the moon, perhaps Easy Al is beginning to think that he should not continue to be as easy as he has been in the first five months of this year. Perhaps he thinks it is time to start weaning the markets from cheap credit. Perhaps Fed Presidents Stern, Santomero and McDonough have been sent on a mission from their supreme commander to soften up the beachhead for a Greenspan assault on Thursday evening. Something to think about, or write about, at least, on a slow news day. Paul Kasriel