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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Les H who wrote (37280)12/5/2000 9:56:09 AM
From: Jack T. Pearson  Read Replies (1) of 42787
 
Watch out for Greenspan's speech on Friday. With the Republicans starting to push hard on a tax cut for next year's budget, Alan may feel he needs to weigh in with an implied threat to counter over-exuberant tax cuts with rate hikes. I don't think the market will be pleased at the prospect of a cat fight. If Bush has any sense, he will meet with Greenspan and work out some sort of compromise before he pushes Greenspan into a corner.
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