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

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To: UnBelievable who wrote (47452)12/15/2000 9:31:00 AM
From: d_trader_99  Read Replies (5) of 436258
 
FED should cut rate now!

The slowdown is obvious and the overdone in rate increase is also obvious. The hard landing is coming and the recession is coming. You cannot ignore the power of the stock market which created demand from more than 50% of American and great amount of tax revenue for the government, Federal and State. Half value of NAZ has been washed away, which is worth about $3 trillions. This could substantially reduce the demand from corporations and individuals. It is time for FED to act now. Please forget the non-existing inflation and face the risk os recession. Otherwise, we will follow Japan.
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