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


To: Knighty Tin who wrote (59751)5/19/1999 3:14:00 PM
From: valueminded  Read Replies (2) | Respond to of 132070
 
Mike:

Thanks for reply. I guess on rates we will have to see. It is not unheard of for this nation to be in deep recession and have inflation and high interest rates. Thats just a matter of the confidence in the dollar. So my expectation is knee jerk drop in long term rates followed by increase.

It appears as if you have changed your fundamental stance on where interest rates are heading. Several months ago, I thought you felt we would finish the year out around 6.25 and then up to 8 the following year. It seems as if you have rethought those figures ? yes/no

On oil (much as we may like) I dont expect it to drop to the levels of several months ago. imo

Also, do you still like RGL and GAB for convertible funds ? I dug up info on GAB and liked what I saw, but could not locate anything for RGL (symbol wrong ?) thanks