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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (6652)9/24/1998 2:03:00 PM
From: Robert Douglas  Read Replies (2) | Respond to of 9980
 
Oh Henry,

You opened yourself up with this one:

Personally I suspect the equity markets are due for one more thrashing before a real buying opportunity develops. But keep in mind I am much better timing bond markets than equity markets ;)

So where do you think the bond market is going? Where do you stand on the inflation/deflation debate?

And one more question; if the Fed does lower rates, what will that do to bonds? I am especially intrigued by this last question because the easy answer is to say that Fed easing will help bonds. One could easily argue that in the face of a fairly strong economy, a move by the Fed to ease might be seen as abandoning their anti-inflation role. This means that bonds should decline on any easing. I have been fascinated to watch bond rates in Britain decline as short-term rates were raised. Your thoughts?

-Robert