SI
SI
discoversearch

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.
Pastimes : Home on the range where the buffalo roam

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sig who wrote (5572)9/30/2000 10:14:47 AM
From: Jim Willie CB  Read Replies (5) of 13572
 
Will the Fed ease rates just to let the market recover?
Never IMO, this volatility and churning is a gravy train


they will ease to allow for Europe's economy to recover
we live on a worldwide stage

Europe is now teetering on edge of recession
their currency has horribly declined
they now import inflation at the same time from US products
in mid-1970's we used to call that "stagflation"
Europe now suffers from that double-edged economic sword

the Fed watches the US stock market, bank books, prices and orders of intermediate goods, AND FOREIGN ECONOMIES (esp Europe)

the reversal last week whereby the Federal Reserve joined the European and Japanese central banks in an effort to bolster the Euro currency marked the turning point

next move is to ease US rates
only question is when, probably after the US election
other requirement: to save Fed face

/ Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext