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Strategies & Market Trends : Rande Is . . . HOME
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To: DlphcOracl who wrote (43524)12/14/2000 11:56:14 PM
From: Softechie  Read Replies (1) of 57584
 
Fed won't raise rates just because poor earnings for last quarter. Think about it. Inflation in check (not high demand for goods). Low unemployment (business is doing good and people have money). Oil price dropping. All these are telling us it's soft landing. People still can find work but they're not spending as much as before. This is good actually. They will probably wait for couple more quarters to see the economic numbers before cutting rates. I think likely in March. They won't cut rates just because too many poor losers in the market crying now. Where were they when he raised rates?
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