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To: MonsieurGonzo who wrote (5349)2/1/1999 2:13:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
Steve .. whole lotta money comin' out of bondz today.

Either that money will be looking for a new home very shortly or word has leaked out about a possible interest rate hike.

Gersh



To: MonsieurGonzo who wrote (5349)2/2/1999 7:30:00 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
>>Will the ECB lower rates, professor<<

The probability is high, within next 6 months close to certainty. Unfortunately

a) the perfume which will take over the market soon here is called "La deflation"

b) Germany is moving nowhere - it's the new-style aerobics, the politicians call "the third way". A fresh round of strikes and pay clashes going on here (and nobody mentions the gas for instance etc went and is going going down. If at all, its connected with the Hassam Hussein's or ayatollah's cash flow problems). Unemployment stationary - young people.

c) I dont have any mortgage to renew anywhere close now - getting personal (g).

d) E'body is asking/forcing US to import more and at the same time criticizing the US consumer to live above his/her means

IOW: "Is there any way outa here, said the joker to the thief"

Regards

dj