SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Three Amigos Stock Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken W who wrote (18534)1/31/2000 9:29:00 AM
From: James Strauss   of 29382
 
I noticed an article from Ruetgers on SI this morning about the FOMC meeting Tue and Wed.General thoughts by ex gov's and board members is .25 with several more over the next 6 to 12 months to try and get things back in line. If they only go .25 rather than .50 then I'd bet we get a good bounce in the market due to .50 already being priced in on Fri. What think?

Ken:

I think a 1/2% rate hike would be the best thing for the market as it is already priced in... The market would rally from there... A 1/4% rate hike puts us back on that Merry Go Round of looking towards the next FED meeting and wondering if there will be another rate increase... A 1/2% rate increase puts a lid on rate increase expectations for the next few months... That would remove uncertainty and allow for an orderly rally... With that said, Alan and the Gang will probably increase rates only 1/4% to put downward pressure on the market and consumer spending...

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext