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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Gary D who wrote (12971)4/9/2000 7:13:00 PM
From: Gary D  Read Replies (1) of 15132
 
In the last couple of minutes of the show today (not broadcast by some stations), Bob mentioned the possibility of a .5 basis point increase by the Fed at their next scheduled meeting in May. He gave no indication of what he feels the probability of this is.

My impression from the talking heads on TV and writers in the print media over the past couple of weeks is that there is a wide spectrum of belief on what the Fed will be doing over the next year. Could be many of them will be very disappointed.

Gary
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