Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: MrGreenJeans who wrote (12243)	2/23/2001 1:57:17 PM
From: Wally Mastroly	Read Replies (1) of 42834

Mr GJ.... Re: Next rate cut... The PIMCO guy(Bill Gross) was on CNBC last night. He thinks Greenspan would need some new economic data to provide him cover for another half point rate cut. Otherwise, he would look like he is "targeting" the falling stock market directly (not the falling economy). He never admits to that. The most recent data (PPI/CPI) would not provide such cover for the Greenman (IMHO). pimco.com

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