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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (18416)5/12/2000 9:13:00 AM
From: Jim Willie CB  Read Replies (3) of 35685
 
the stupid talk of 50bpt Fed hike now will abate
I predict 25 bpt hike next week, continued gradualism, as they have espoused for months, which lessens the risk of excessive tightening and harm to the economy down the road

I dont like what the Fed and Greinstein are attempting
but I say 25 bpt hike
the consequent reaction by the markets is likely to be an attitude that the Fed is NOT done, more 25 bpt hike or hikes coming down the road
the stock market will continue to look over its shoulder, will be unable to mount sustained rallies, and will continue to base along for another few/several weeks

bring on the presidential party conventions

dont forget mother on Mother's Day this Sunday
I dont think Greenspan has a mother
he was borne of a muscrat, a hairless muscrat that babbled endlessly prior/during/after she gave birth, in a tongue unrecognized even by fellow muscrat nobility and commoners

/ Jim Willie
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