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Non-Tech : NOTES

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To: Didi who started this subject1/5/2001 2:07:05 PM
From: Didi   of 2505
 
Deutsche Bank:"Fed responds to crisis by easing-->LIFTs economy & stock prices"

yardeni.com

>>>Fed Easing Cycles:
Fed always responds to financial crisis by easing, providing a LIFT for the economy and stock prices.

Fed Funds Rate Models:
Federal funds rate is highly correlated with year-over-year growth in nominal GDP. Since 1998, the fit has been especially tight using GDP excluding its high-tech components.<<<
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