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Wow! Nobody expected this now. They better get the mother of all rallies
out of this, because if they dont, they will be sorry. Europe is already
pushing on a string as far as short term rates go, and the European
Central Bankers are not nearly as adept at market behavior as Greenspan
is (though I still think the Fed mis-stepped in cutting two weeks ago,
but at least the Fed and the BoE have room to err).
Steve
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