Clown-Free Zone... sorry, no clowns allowed Message Board

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

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To: sandeep who wrote (52974)	1/2/2001 6:10:52 PM
From: patron_anejo_por_favor	Read Replies (3) of 436258

<<Greenspan needs to cut interest rates right now. NAPM was VERY weak and consumer confidence is collapsing as we write...>> What many people are forgetting here is that if BubbleBoy takes the machette to rates right now, the dollar will absolutely TANK! What will happen to foreign investment (that lone tent pole propping up this circus of a market) if that happens? Not to mention bonds and all other dollar-denominated assets! BubbleBoy is in a box of his own design...and there is NO easy way out, including rate cuts.

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