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To: dwight vickers who wrote (22458)6/4/1998 8:30:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 42771
 
Off Topic (Greenspan)

I wouldn't want to be in his shoes.

There is a Congressional election coming up in the Fall---even less reason to raise rates. He'll do it only if the currency rotation forces his hand.

The idea of a lowering of rates is intriguing. Perhaps if the Yen got up to 160 to the $$$. Or if short term interest rates steepened out the curve.

The only thing certain is that the business cycle hasn't been repealed by the great productivity increases obtained when you install Win98.

<GGGGG>