Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ItsAllCyclical who wrote (65556)	5/1/2000 5:25:00 PM
From: dfloydr	Read Replies (1) of 95453

Does anyone else get the feeling that the fed is pushing on a string? They have jacked rates, what, three, or is it four times, with no apparent effect on economic activity. So if four hikes do nothing, why not do one a day for a month ... or perhaps none at all? The pundits like to yammer and panic about the Fed raising rates. My concern is fast becoming one that comes from the evident lack of any effect they seem to be having. A question arises as to whether they are doing the right thing at all. Maybe they need to learn from the Hypocratic oath: first do no harm! At this rate they won't have any effect until they get rates high enough to crash the system. As we move up the rate scale, margins get a bit thinner all around and so companies are cranking harder to stay ahead. As margins thin down, the danger of a crash escalates. When they finally get to the point where someone is forced to exit the game, the snowball effect will hit. Related businesses will not have the fat they need to take the hit... domino theory 2000. To me, rate hikes do not seem to be the way to a soft landing.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next