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Pastimes : ASK Vendit Off Topic Questions
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To: Vendit™ who wrote (17271)12/18/2000 1:25:40 PM
From: Guardian  Read Replies (1) of 19374
 
reid: just a speculative thought:

1. the street has been led to expect a change in fomc bias but no lowering of rates until jan 31 or later, but many wish for one now. That and possible recession seems to be pricing in based on failure to rally today (so far)

2. bush schedules a meeting with greenspan 1 day before the fomc meets. coincidence? who has most to lose from recession?

3. If fomc were to cut rates tomorrow, who would get the political credit/earn reputation for working with ag? who needs to gain public acceptance now? Could it be GWB?

4. What would not surprise me tomorrow? <g>
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