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Non-Tech : The Critical Investing Workshop
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To: Jim Willie CB who wrote (17464)5/3/2000 10:48:00 PM
From: Gut Trader  Read Replies (1) of 35685
 
A peak inside Greenies brain from 1994-1995

What really happened is the Fed tightened by 25 basis points each in February, March and April 1994. So far, so familiar.

Greenspan & Co. then raised rates by 50 basis points in May, but that was far from the beginning of the end. The central bank then hiked by another 50 basis points in August that year, another 75 basis points in November, followed by an additional 50 basis points of tightening in February 1995.

If that history is indeed a guide, it doesn't sound like the end is near.

thestreet.com
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