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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.16+0.2%Jan 12 4:00 PM EST

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To: Crimson Ghost who wrote (64464)12/17/2000 2:11:05 PM
From: Gary Burton  Read Replies (2) of 99985
 
Bush to meet Greenspan Monday on rates--This of course is just posturing since Bush knows full well that it is much better for him to have a recession in 01 so he can blame Clinton and then be primed for a stronger economy come 04 and avert his dad's fate. Most unwise for him to try and keep the growth string going now. Also, easier to get his megatax cut through if rates haven't already started down beforehand (double stimulus). These political types are always saying one thing and thinking another. Hard to believe that anyone takes him seriously here-even Greenspan.
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