if foreign investment in our bonds drops or is dumped for lack of confidence that we'll take care of our debt problems. Also if the dollar slides too much (though currently we're weakening it to try to stoke exports).
2. The Fed will increase interest rates if it looks like Kerry will win
After all they have to protect business interests and their stock portfolios. An increase in interest rates will be blamed on Dems by the Bushies indicating that the markets "Fear" a Dem admin. And well they should. I hope the Dems put deconsolidation front and center on the agenda if they win back Congress (unlikely but hopeful here), that is what is killing free thought in this country!
... of the Fed vis-a-vis Republican and Democratic presidencies since Reagan, it's likely that Greenspin will try hard to hold the line on interest rates until it's sure that Bush has lost. Watch the rates rise after that.
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