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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.04-1.7%Nov 13 4:00 PM EST
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To: el paradisio who wrote (48567)4/28/2000 3:09:00 PM
From: Jack T. Pearson  Read Replies (1) of 99985
 
I think Greenspan will stick with the 1/4 pt increases. The effects of increases generally aren't noticeable for 5 or 6 months. The greater the sizes of the increases, the greater the likely-hood of overcorrecting.

It will be interesting, in retrospect, a few years from now, to see if the economy is less sensitive to interest rate increases now than it was 10 years ago.
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