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James Taylor wrote:
Once you know the real deal, you will dare mention
the traitor's name. He will (eventually) be remembered as the worst Fed
Chief in America's history, when the day is done.
Do tell us more, because on <FONT
face=Arial size=2>this side of the fish pond Mr Greenspan is seen as the guy who
runs the economy, regardless of the president. For many, that is why
there is no concern about whether it goes to Bush or Gore. It is
only from a political point of view that a Bush presidency would be better for
the conservatives over here, whereas Gore would perpetuate the Clinton era for
whom Blair and his socialists think so very highly about. Except perhaps
for the obvious draw back (if that is the expression!) Blair would love to have
the ability that Clinton has had of getting away with so much, but Bush's father
(and de factum George W) will be seen as supporters of Mrs
Thatcher... So you can see that your election (or the courts
decision over it) is important to us, for probably totally different reasons to
yours.
Overall Bush would be seen to be better for the
markets, but obviously James knows something that we don't know, when we look at
the bull market since 95 and think it is all Greenspan... What about the
bear market now, will that be Greenspan or someone else.
Meanwhile, bonds are staying just above the
breakout line, but look as if they might well come back - but the Spoo is being
ambivalent, so no doubt a sideways we will go...
Bill Eykyn
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