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Technology Stocks : Intel Corporation (INTC)
INTC 46.96-2.8%Jan 16 9:30 AM EST
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To: nihil who wrote (98143)2/3/2000 7:24:00 AM
From: Road Walker  Read Replies (1) of 186894
 
nihil,

Great posts. A question. Do you believe that the Fed (and the banking system) has lost control of the speed limits on the economy? It seems to me that yesterday's action in bonds was a confirmation of what I was beginning to suspect, that with a much smaller percentage of business capital coming from the banks, the Fed CAN'T slow the economy with it's actions.

IMHO, if true, this is both good and bad news.

John
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