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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (59396)	5/15/1999 12:15:00 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

Wayne, I totally agree about the dollar, but disagree about the bonds. I think the real weakness of this credit bubble economy will work in favor of T-Bonds. The reason we didn't get a bigger decline on the short end is that the folks dumping stocks and bonds were buying 5 years and down. Temporarily, the demand overwhelmed the supply. The bubble will be killed by the Fed's inability to rescue the next bank crisis, IMHO. I expect that sometime this summer.