What the Fed does or does not tomorrow will not cause anything negative to happen. When my wife knows that a rate increase is in the works, that can be translated into "everyone" knows a rate increase is a done deal. Personally, I wish for a 50 basis point rise, and turn the discourse into when do rates start to fall, rather than when is the next 1/4% hike. Anyhow, none of this interest rate stuff has much to do with the real world prospects for Q, and a host of other tech companies. Our economy is strong, our technology companies are strong, and all the Fed action in the world won't stop the world from seeking to progress. AG is not the bad guy here, I will say again that I believe he has done a good job in an era of new possibilities. My only fear is a guy like George W, who appears to be willing to try to buy the Prez office. Now is not the time for a huge tax cut, despite the fact that it would be helpful personally in the short run...jeez, i usually don't talk much.
later,
john mccain
note: feeling guilty about injecting politics, sorry |
