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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Wally Mastroly who wrote (9640)11/3/1999 11:44:00 AM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Wally: Re: "Beige Book due out later today."

Yeah, but does it matter? Market seems to have discounted what it thinks will be the real deal: a three and out move with a softening economy and declining interest rates. But with an exuberant stock market developing here, doesn't this plant the seeds of heightened economic activity beyond what the Fed. will tolerate?
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