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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Uncle Frank who wrote (33091)3/12/2001 5:11:55 PM
From: stockman_scott  Read Replies (1) of 65232
 
Folks are questioning the FED and its willingness to move...

<<There were also lingering worries the U.S. Federal Reserve may not be aggressive in cutting interest rates after recent economic data, like Friday's jobs and payroll figures, came in stronger than expected.

Bear Stearns chief economist Wayne Angell said the Fed will likely only cut interest rates by half a percentage point at its next policy meeting March 20, adding that would still leave the U.S. central bank well behind the curve.>>
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The handwriting is on the wall...the patient is sick...will Greenspeak move quickly enough to prevent a costly trip to the Intensive Care Unit?

Best Regards,

Scott
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