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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (204201)11/12/2002 8:21:09 PM
From: orkrious   of 436258
 
good point from Lance Lewis tonight

In addition to the good vibes people were feeling off of CSCO, Fed heads were all over the wires talking up the economy. Fed cheerleading abounded, but the comment that caught my eye was one by Minneapolis Fed President Gary Stern. Stern said, "There is no question" that a U.S. economic recovery is under way. Well, that’s certainly news to me. This of course begs the question: if there is no question that a recovery is underway? Then why the surprise 50 bps dose of crack last week? What we have here, ladies and gentlemen is a Fed that has used up its firepower in a failed attempt to jam stocks higher and is now reduced to trying to talk them up.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News