Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

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.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.01

+0.2%

10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ibexx who wrote (88544)	11/30/2000 4:33:44 PM
From: Keith Feral	Read Replies (1) of 152472

Considering the fact that the market ultimately determines interest rates and that Greenspan usually follows it's direction, I don't see how the FED could do anything but provide some relief. There is currently a 100 basis point gap between FED funds at 6.5% and the 30 year Treasury at 5.58%. This is an insane inversion of the yield curve that suggests that Greenspan will have to cut the FED funds by at least 25 basis points (if not 50 basis points.) I think he needs to redress the disastrous decision in June to increase FED funds by 50 basis points on an immediate basis to ease the pain of his soft landing.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next