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Strategies & Market Trends : Waiting for the big Kahuna
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To: Skeet Shipman who wrote (50431)3/16/2001 9:12:06 AM
From: Oeconomicus  Read Replies (2) of 94695
 
Odds of a 75bp cut climbing. Also, LIBOR rates have been falling again w/ the one-year rate dropping about 20bp this week. 75bp now, another 50bp to come. Fed funds will get down to 4.25% (at least).

Yet, housing starts remain at a healthy pace. Don't blink - you'll miss the recession.

;-)
Bob
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