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Strategies & Market Trends : Wayne Angell- Pimp of the month or just another boner call?

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To: Chip McVickar who wrote (14)3/20/2001 6:43:25 AM
From: AugustWest  Read Replies (1) of 41
 
The pimp is back this morning on CNBC.

Calling for a 4% Fed fund on or before May 16th. Says Fed needs to go 75 BPs today and another 75 at or before the the next meeting to save the economy. Says the Fed is to blame for taking the econo from 15% growth to 0 growth.

Says cap. spending is the key to growth. Hey Wayne, what about the debt in this country? Does it bother you that we as businesses and individuals do not save money? Do you think this could be what deals the final blow to our economy? Do you even care about this country or are you just a pimp for your high priced clients at BS?

P.S> And here's a little something extra for your entertainment. If you can bear to keep the volume on, Kudlow will be on CNBC discussing the Fed's action today.

Feel free to chime in with your opinion of this moron too
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