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Strategies & Market Trends : The Amateur Traders Corner
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To: belker who wrote (14421)10/1/2001 9:08:24 PM
From: Tom Hua   of 19633
 
"It is difficult, if not impossible, to conceive of the Fed springing a negative
surprise on the market in the current environment," said David Greenlaw, an
economist at Morgan Stanley.

cbs.marketwatch.com

belker, isn't it interesting? The Fed must do what is expected of them. Just rubber stamp what fed funds futures have priced in. For doing differently will upset the market.

Hey what about the poll here? Do we get a say too? More than half think the Fed should cut less than 50 bp.

Poll:

6 for 0 bp
10 for 25 bp
11 for 50 bp

Regards,

Tom
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