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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.83+0.6%Dec 22 4:00 PM EST
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To: Haim R. Branisteanu who wrote (50799)5/15/2000 7:21:00 PM
From: Wayners  Read Replies (1) of 99985
 
My response to that is the Fed has raised rates already (I think 6 25 BP rises) and while it was okay for the Fed to premptively raise rates its not okay for the Fed to preemptively stop rising rates or lower rates to avoid a hard landing before economic slowing data actually develops. Its exactly this kind of thinking that results in a recession everytime the economists are calling for runaway inflation. The crowd is always wrong just like in timing stocks.
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