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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (26772)	6/3/1999 8:24:00 AM
From: Logain Ablar	Respond to of 50167

Ike: Thanks. On Rates - AG gave a speech yesterday and made no indication either way. In the past he's prepared the markets for a hike (bonds seem to have factored in 1 hike but not stocks). My opinon only unless the #'s continue to point to rapidily over heating economy we won't see a June increase (but August is still on the table). [If I'm wrong and we see a June increase the market will start to worry about a second increase and we'd have more of a retracement. At this point this is just conjecture and FUD. Tim