SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MrGreenJeans who wrote (10555)12/20/1999 11:09:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
Mr.GJ. Re: "..Quarter of a point moves do not do all that much in the short-term..." - Food for thought-

IMO, the only way the Fed will get the attention of the Naz investors (who seem to be either laughing at the FED - or oblivious to it) is to do something dramatic. A sledge hammer approach may be needed.

Suggest the following possibilities:

(A) A half-point increase at 2 Feb. FOMC meeting

or

(B) Riskier - A quarter point increase after Y2K, but before Feb. FOMC meeting. (Assuming, there are no serious Y2K perturbations by about mid January).

Of course, justification by the FED for the above may prove challenging - without another irrational exuberance-type pronouncement.

And as Brinker has pointed out, hanging over the FED has got to be the fear that overkill by them could bring on a recession...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext