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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Boca_PETE who wrote (563)8/31/1998 10:05:00 PM
From: wooden ships  Read Replies (2) of 15132
 
Pete- In re: Fed interest rate relief. The haunting scenario that
courses through my mind lately is this: what if Greenspan lowers
interest rates and the market does not rebound, or worse, con-
tinues its plunge, the interest cut having already been factored
in? Then what? Would such a circumstance further un-nerve
investors? In other words, if Greenspan's now widely anticipated
interest rate cut doesn't do the job, does our plain speaking Fed
Chairman risk even more than he might gain with said cut?
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