Formerly About Applied Materials 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.

Politics : Formerly About Applied Materials

AMAT 252.25

+0.9%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Trader who wrote (41241)	1/3/2001 9:07:54 AM
From: michael97123	Read Replies (1) of 70976

How would the fed go about having a rate cut before the scheduled meeting on 1/31? Would they meet or conference or would AG just announce it? Anyone with ideas on how it would work. Many on Wall ST. expecting it this week. I have heard friday as a likely day, after the employment numbers are released just in case there were some inflation surprises. But this morning I heard some folks talking about today or tomorrow. The problem, as in December, is that if nothing happens the spiral will worsen. We need a psychological lift that only a 1/2 point cut can give. At this point, i think is is safe to say, that we are in similar shape psychologically as we were in october 1998. This is a panic, albeit controlled. This is what the fed is here for. AG was out of touch in December but I hope he has gotten the word.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next