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To: Mohan Marette who wrote (79878)	11/13/1998 12:57:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Hi Mo,..Re:. Brazil/IMF close to a deal - Announcement may come as early as today. Thanks for the article. I had heard earlier rumors that it was close. Now if we just get a rate cut on Tuesday, maybe the market will remain on an even keel. James Padhina posted a chart yesterday evening showing the current spreads, and although, they've come in slightly, it doesn't appear to be enough to keep the Fed from easing Tuesday again. Also, did you notice Retail Sales = +1% and PPI = +0,2%. Doesn't look like very much of a slowdown yet, does it? <vbg> Anyway, as far as spending, I'm doing my part. <vbg> This should be the big worry of the Fed if it wasn't for the yield spreads. Regards, Lee PS - Had to wade through a lot of posts since yesterday just to get caught up on the regular business. Where did all these people come from?