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

To: Stitch who wrote (6703)	9/25/1998 1:12:00 AM
From: peter michaelson	Respond to of 9980

Stitch, all: From the New York Times "Amid the gloom on Wall Street Thursday, there was gallows humor. One trader said he soon expected to see someone wearing a sandwich board that read, "Will Manage Market-Neutral Hedge Fund for Food." humor in payment for all the expertise found on this thread. peter

To: Stitch who wrote (6703)	9/25/1998 1:27:00 AM
From: Dayuhan	Read Replies (1) \| Respond to of 9980

Stitch, More from the home front.... iht.com CNBC Asia is showing the tape repeatedly. Steve

To: Stitch who wrote (6703)	9/25/1998 7:13:00 AM
From: Mark Bartlett	Read Replies (1) \| Respond to of 9980

Stitch, Lowering rates makes companies more profitable ... borrowing more $$ cheaper. As well as increased productivity over the last few years, the lowering of rates has contributed significantly to higher profits. The last thing you want at this point in time is for the unemployment rate to start to climb ... that means even less domestic demand for goods - at a time international demand is down. Also means less taxes, more U/I payments, welfare etc. MB