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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%4:00 PM EST

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To: HairBall who wrote (21027)7/24/1999 7:53:00 PM
From: James Strauss  Read Replies (1) of 99985
 
LG:

I'd rather see the surplus used to pay down the debt... That would lower real interest rates and have greater long term benefits to our economy than a one time tax cut... Also, a tax cut would be viewed as inflationary by the FED... That would be the peg that takes down the market...

Jim
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