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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (89156)2/2/2001 6:40:23 PM
From: accountclosed  Read Replies (1) of 132070
 
roflmao!!!

i got this recap from a friend:

He was very good. He said Value stocks were the way
to go. He said he expected the Fed to definitely cut
the rate again on March 20th and he also halfway
expected an interim cut. He thinks consumers have
finally woken up and will not go into so much debt,
and this will have a positive influence down the road
but we are in for a "rough ride" He said he disagreed
with a lot of other analysts that think the market
will improve in the second half of this year.
I agreed with every point he made, except for the
consumer spending part, because I think it is going to
take a lot more to shake up your average consumer.
M.
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