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


To: yard_man who wrote (16224)4/13/1998 7:24:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Barry those news kind of reflect my speculation of an orderly liquidation of part of Japan US notes portfolio to compensate for their tax cuts.

All in all it shows cooperation and will bode well for the markets even if it is perceived negative.

Cooperation between Central Banks are always positive. In 1987 there was no cooperation with the Bundesbank and this triggered the "crash".

Stock were overvalued then less than today but inflation was 3 times of today!!

BWDIK

Haim