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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (98797)5/6/2003 3:21:52 PM
From: ild  Read Replies (1) | Respond to of 132070
 
10 year note surged after the Fed announcement. My guess RE bubble preservation is the Fed's top priority. Greenspan managed to deflate NASDAQ bubble without causing big dislocations (not counting RE bubble). Now he needs inflation to cope with all the debt in the system.



To: Joan Osland Graffius who wrote (98797)5/6/2003 3:23:48 PM
From: ild  Read Replies (1) | Respond to of 132070
 
Joan, is low USD good for US stocks?
quotes.ino.com

EDIT: IMO only much lower USD may bail out US auto manufacturing