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To: Bonnie Bear who wrote (38403)5/4/1999 6:29:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
yea, I think 6.25 will hold on the first move.. but the kicker will come from the move to 7% as foreigners dump anything in dollars... then rates on treas could head lower again over time.. but that's AFTER the stock mkt crashes. the dollar will get spanked but many GDP sensitve commodities should selloff anyway in order to price in a US recession and slowed recovery in the rest of the world... i think the decline in the dolalr has been priced into almsot everything EXCEPT gold and silver....