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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (8237)8/30/1999 4:29:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Wally: I have still not confirmed that Cohen said that a rate hike would "probably" occur in October. The article you cited was not a direct quote but rather a reporter's spin. I still believe she was of the opinion that a rate hike "may" occur in October. She did say that she thought it was discounted by the market at this point. I am afraid that I do not see it as being discounted by either the stock or the bond market now. Sure would like to see a total transcript. Quite frankly, I am perplexed by her statement(s) and if she were not such a smart lady I would say she was a tad complacent in what I heard from her in this interview.
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