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: patron_anejo_por_favor who wrote (71569)2/25/2001 6:18:47 PM
From: UnBelievable   of 436258
 
It Seemed To Me That Given The Rep. Paul Wrote The Book "The Case for Gold" He Might Be Somewhat Skeptical About The Central Bank Attempting To Manage The Economy By Printing Press.

I think almost anything the Fed does is going to be a problem. Mr. Angell did not make anything easier.

The market rallied based on the rumor of the rate cut. But why do we need an emergency rate cut as long as the market rallys?

I really don't see more than .50 reduction in the next month unless the market really tanks Luc style. If the market continues to trend down as it did in the early part of last week Al may feel he needs to do an emergency rate cut. If he does I think that either it will be .25 with another .25 at the regular meeting, or if he front loads the full .50 in the emergency cut their will be no regular cut.

I'm usually wrong but I don't see an emergency cut before Thursday or Friday (a Luc type mythical BK being the only exception). The GDP data, Farm Prices, and PMAC are released Wednesday while Thursday we will get Jobless Claims, Personal Income and Outlays, Construction Spending, and NAPM.

Besides the first three days give the boys the opportunity to let the market go through its very profitable (for them) manic swings.

Remember as long as we rally we don't get a rate cut. When it is rumored we will get a rate cut we rally.

Should be interesting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News