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To: Trey McAtee who wrote (53202)9/18/1998 11:25:00 AM
From: Lee  Read Replies (1) | Respond to of 58727
 
Trey,..Re: no public money, or very little means that the LDP dont get what they want

What, you mean this implies they have to begin the tough job of being responsible about the banking industry? Good grief. They can always print more money while showing to the world that they have finally adopted some tough measures that they paid Bill Siedman to formulate a couple of months ago.<VBG>

Steve Shobin from Lehman Bros had a chart on this morning showing the decoupling of the Nikkei with the JGB and as the JGB has soared in price, the Nikkei has tanked. Didn't get the date of the decoupling; however, it was striking in that for the past 2 or 3 months, I've noticed that the SPX tracks TYX pretty closely (de-coupled from long bond). So from the looks of both charts, a little inflation caused by easy money might turn the whole thing around?

Regards,

Lee