Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (329)	8/28/1998 7:58:00 AM
From: Wally Mastroly	Respond to of 15132

Amen. Dr. Greenshades & company should be starting to feel the pressure to lower rates. (If not before the Nov. election than after). The 30 year bond yield ( 5.34% )is now lower than the Fed funds rate of 5 1/2%. The market is pressuring for lower rates. If the U.S. economy continues to slow down the Fed may fear a recession more than they fear inflation. Japan market dropped to a 12 year low last night. Japan may be bordering on a depression. Speaking of inflation, analysts are starting to use the D-word (deflation) again. Commodity prices keep dropping. There is fear that foreign countries, desperate for cash will start (or is it continue) to dump oil, gold & other commodities/goods on the world market. On the other hand, U.S. companies are already feeling pricing pressure. In this environment its hard to raise prices if you have any competition. Could cause a profit squeeze (if it hasn't already).