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Zeev Hed

03/30/03 9:31 PM

#92188 RE: ajtj99 #92187

Since interest rates trades like a commodity, he is absolutely right about the wall, like commodities, interest rates are priced at the margins of supply and demand. As for the deficit in 2004, I doubt it will be that big, the economy should be kn a shallow recovery at least, if politicians have their way, maybe even a robust one (and paying the piper in 2005). It is election year after all. Asian markets are being hit hard tonight. Tokyo, Seoul, Taiwan and Singapore, all down 2.5%

Zeev


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augieboo

03/31/03 1:04 AM

#92221 RE: ajtj99 #92187

" I expected $500-600 Billion, but he's got nearly $700 Billion."
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Don't worry about it. All the other pundits and such will say it's less that $700 billion, so even if it happens it won't be true.