Booms, Busts, and Recoveries 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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bid Buster who wrote (1439)	12/15/2000 11:18:24 AM
From: tradermike_1999	Read Replies (3) of 74559

inflation is alive and well, cpi up .3%..housing starts are still high, energy costs are high...equity prices even though they've fallen are still to high. not much chance greenspan will lower rates let alone go to a neutral stance...even if he does it's priced in the market already...it won't make any difference anyway, the damage is done..not from his tightening policy..but from his ponzi scheme of pumping liquidity. batten down the hatches, theres bad weather ahead. The only soft landing about to come is the sound of Greenspan's head hitting the floor after he passes out in realization of how bad the mess he created is. But - I don't think they will lower rates for the reasons you cited. We already had several Fed governors come out the past two weeks and say that they saw the economic risks balanced between inflation and recession - in other words they think inflation is just as much a danger as a slowdown. Thus no rate cut. If one does come it will be solely because of Greenspan. He is the ultimate political animal.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next