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Strategies & Market Trends : Wall Street Analysts
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To: Patsy Collins who wrote (57)12/19/2001 7:30:26 PM
From: Marty Rubin   of 167
 
the state of the economy is in the hands of the fed, not some guy in washington. when you lower/raise interest rates, it has an effect on us all. when you lower/raise taxes, some benefit while others see no change. bottom line is that if one wants to have fun, pay attention to what the loosers are saying. but if you want to know where to put your money, follow the fed.

ps
i don't think the fed is as effective. today we have derivatives which can make the fed's job much harder. a company with a hedged position will see no immediate benefit from lower interest rate.
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