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

To: TobagoJack who wrote (38853)	9/26/2003 11:21:47 AM
From: Ramsey Su	Read Replies (2) \| Respond to of 74559

Jay, I cannot help but think that China will continue to accumulate US treasuries and agency debt. They have been bashed many times and any idiot can see that serious China bashing is just around the corner, from not floating to yuan to trade balance. In the past, China tried to cancel a few Boeing orders in protest but that is too small a part of the overall picture now. I suspect these treasuries could be pretty effective tool to tell Washington to cool it. Ramsey