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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (559)	2/28/2001 11:55:12 AM
From: excardog	Read Replies (1) of 23153

Looks as if all of Wayne Angell's table pounding 80% probability for a rate cut this week ain't happening. What a little puke. Got the market all hot and bothered and now what. Another analyst to the hall of shame. "The Fed doesn't like to be pressured into rate cuts by the stock market and Greenspan's probably feeling a bit peeved by the overt lobbying for a rate cut by the likes of Wayne Angell, the Bear Stearns economist and former Fed governor who has been pounding the drum for an immediate half-point rate cut for the better part of a week" I love it.

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