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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (64789)7/16/2003 4:28:32 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yep. Also maintaining "high dollar" and shifting high-tech jobs to India, so that the trade deficit would become even more unmanagable. When will the foreign bond holders puke? The dollar is very overbought right now. This is going to be a big, big mess. Notice that today stocks, bonds, and dollar all went down. They managed to close 30-year up, but not 10-year. Well.... That's the kind of mess this Fed chairman deserves. I just hope he will be gone some day, along with the job (i.e., the Fed itself). All they helped doing was robbing American public by the big US banks. Thanks!