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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (11606)2/2/2000 7:55:00 AM
From: MrGreenJeans  Read Replies (2) of 15132
 
Marc

It would be out of character for Greenspan, the gradualist, to move more than a 1/4 of a point. A 1/2 point is not in the cards. Last time he raised rates more than a 1/4 point was five years ago. Further, he would have hinted at a greater increase over the last month. Greenspan understands markets don't like surprises especially from the Federal Reserve.

It is not going to happen.
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