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 : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (47667)12/14/2000 1:15:25 PM
From: prosperous  Read Replies (1) of 436258
 
My suspicion is that at the next week's FOMC we will probably get a bias change to neutral (Greenspan is not in the business of disappointing). The change of bias will lead to speculators expecting about two rate cuts in the following meetings, and that expectation will lead to a rally of a significant size in January. Then we start worrying about first quarter earnings and the reality may come and bite because even if the rate cuts come in first Q, the effects will take a while to show in 2002. At that point there may not be many things that would help a sustainable rally. But this is all idle speculation and we know how much that is worth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext