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To: Perspective who wrote (60325)11/24/2002 11:52:48 AM
From: Joan Osland Graffius  Respond to of 209892
 
bobcar,

I remember watching some of the give and take a year or so ago between Greenspan and the Senate. He was asked about the current account deficit and he did admit it could be a problem in the future.



To: Perspective who wrote (60325)11/24/2002 5:47:06 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
do not believe this is a bluff or psychological game on his part. I believe this is a well choreographed plan by the Fed, Treasury and the GSE's to attempt to manipulate the economic cycle.

The reason he is being so vocal about his intentions to buy long term treasuries is to ensure hedge funds and most importantly the GSE's are hedged against falling rates before it occurs. It is a warning or "heads up" so to speak to them

investmentrarities.com

Problem i have with this view is that it does not make sense. AG doesnt communcate with the boyz publically to the best of my knowledge....