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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (35724)	7/4/2003 8:42:35 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

CB, <<we just locked in our refi at 5.25%>> given what is happening in Japan JGB, I think now may turn out to be the best time to do a refi, assuming Greensputin and Bernankaput do not actually go through with "unconventional" monetary behavior. My banker friends tell me that the HKMA (HK Monetary Authority) is surveying some bankers on the effect of a 10% HKD devaluation against the USD. Loans can be had in HK at a rate of 3.125% per annum, and I may have to take out a big HKD loan before any devaluation is engineered. Keeping my ear to the rail, and am hoping the train is not a mag-lev. Chugs, Jay