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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST
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To: GST who wrote (73413)8/12/1999 9:51:00 PM
From: Victor Lazlo  Read Replies (1) of 164684
 
as you probably know, GST, the fed has to look 9 to 12 mos down the road, because that is how long it takes for a rate change to really get worked into the economy. Many folks don't realize this, so they point to a local snapshot in time of data and try to make conclusions based on that.

So any mo-to-mo data at this point is too late; I think the fed will raise by .25 They have only waited this long to protect the recoveries in other countries, otherwise they would have raised a while back, imo (or not cut in the first place).

Victor
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