SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (60310)6/3/1999 8:21:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
On the other hand, if AG hikes aggressively he can still flatten the yield
curve and send the signal that he is not 'behind the curve'. With due
respect for your judgement and intelligence, you were wrong before to
suggest that the level of the long bond matters more than the shape of
the yield curve. What matters is the shape of the yield curve because that
is what AG is managing and that is what the bond market will use to gauge
how high rates must go to cool the economy. <<

Gst i agree what your saying here about the yield curve's importants, and i also know that you are holding puts betting on this flatten yield curve to happen so from one bull to another bear i do think AG will hold rates steady and let the bond market float as is with maybe the 30 yr. moving to 6.25 tops for this yr. Right now the yield curve is in a normal position which is normally the average. I don't see AG rising rates for reasons William talked about. One months of inflation data don't make a trend. CRB index, intermediate-term trend has lost upside momentum and turned neutral with potential for a
183.00 - 191.60 range. On a long-term basis, the trend continues to be down; a move through 198.96 would be necessary for a reversal of downside momentum. Good luck to both of us.



To: GST who wrote (60310)6/3/1999 8:36:00 PM
From: BGR  Read Replies (1) | Respond to of 164684
 
GST,

My understanding is that AG has no control over the shape of the yield curve, that's determined by the bond market which controls the long end of the curve.

-BGR.



To: GST who wrote (60310)6/3/1999 8:40:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Gst, U Al?? Other than he now gets his economic books from B&N.com, what does this have to do with pigs??