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Pastimes : Tidbits
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To: Didi who wrote (1079)11/23/2000 1:48:04 PM
From: Guardian  Read Replies (1) of 1115
 
di: interesting article: yes. been watching history of wall street on cnbc now. IMO short of return to irrational exhuberance on election resolution, fomc will shift bias to neutral -- assuming we have a president elect by 12/19. he will not want to give a pep pill to the market without that. as to rate cuts, politically better for him to wait til after inaugeration so new president can be given credit. as article reiterates, ag is deferential to political power.

dave
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