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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (7562)	8/8/1999 7:34:00 AM
From: Justa Werkenstiff	Read Replies (1) of 15132

AP Poll Many analysts think the Federal Reserve will react to signs of inflation by raising interest rates when it meets this month. What action do you think the Fed will take? Raise interest rates. 7014 42.2% Leave interest rates the same. 8206 49.4% I'm not sure. 1397 8.4% Total votes: 16617 Where do you think the stock market will go in the next three months? Much higher (+10%) 1091 6.6% Higher (+5 to 10%) 4813 29.0% About the same (+/-5%) 6198 37.3% Lower (-5% to 10%) 3443 20.7% Much lower (-10%) 1071 6.4% Total votes: 16616 A 21-year-old law requires the Fed chairman to give a "state of the Economy" report to Congress twice a year. The most recent report may be the last one ever. Do you think such reports to Congress are valuable? Yes, the reports keep the Fed on its toes. 10207 61.6% They are somewhat valuable. 5326 32.1% No, they are a waste of time because the economy is doing so well. 1045 6.3% Total votes: 16578

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