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Politics : Formerly About Applied Materials

AMAT 242.41

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Nov 25 3:59 PM EST

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To: LemurHouse who wrote (44038)	3/20/2001 2:36:22 PM
From: Ian@SI	Read Replies (3) of 70976

AD, I suspect you're listening too closely to too many talking heads. :!) 1. The Fed is the most accomplished set of economists that the US has. I hope that they can be trusted to act professionally in doing their job: Economic growth with stable prices. 2. The talking heads, especially Kathleen Hayes and the beautiful Maria B., seem to take their own fears, weaknesses and misunderstandings then ascribe them to the Fed. Just because a pretty woman says it's so, doesn't make it true or based on any facts whatsoever. IMO, it's quite possible that the economy isn't quite as bad as the CNBC fearmongers would have us believe; and that this Fed is behaving appropriately. Speaking as an investor nearing panic, of course I'd like to see the Fed cut interest rates by about 2000 basis points such that the banks will call me up and pay me to borrow money. It will never happen, but it was the best fantasy I could come up with today. ;-) Ian.

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