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Politics : High Tolerance Plasticity

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To: Gottfried who wrote (2961)4/6/2001 11:43:02 AM
From: Wowzer  Read Replies (1) of 23153
 
Here is my take on what is really good news vs bad news for wall street.

When economy was roaring we wanted "weak" job numbers cause inflation was our biggest fear, not business. Now it is the opposite everyone is scared shitless that business is slowing down if not falling off a cliff. So right now the job numbers are only confirming our worst fears of a slowing economy or dare I say recession. Even if the fed cuts rates it probably won't have much of an effect, other then a short term pop, the market wants confirmation business isn't going in the toilet.

So right now good news is "good" and bad news is "bad" .....got it?!

Next week who knows what the rules will be.....

John, thanks for the link.
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