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Non-Tech : Chase Manhattan (CMB) -- Ignore unavailable to you. Want to Upgrade?


To: Logos who wrote (163)9/9/1998 8:09:00 PM
From: Skeeter Bug  Respond to of 213
 
>>US banks are quite willing to
lend.<<

logos, the banks are hurtin' and the environment is dynamic. i see no reason why unemployment will not rise dramatically when our goods are priced in the strtosphere.

liquidity? they've been pumping liquidity into this economy for quite some time. not sure if they can keep it up w/o and exodus from foreign t-bill buyers and sellers.

as for spending, consumer confidence is way up. if it drops then so will spending.

my cmb puts have been very nice. a couple more down points and i look to close out the position. my other puts are horrible, though :-(