SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roebear who wrote (90197)4/18/2001 4:52:24 PM
From: Terry D  Read Replies (1) of 95453
 
AG held the funds rate too low for two full years between the second half of 1997 and the first half of 1999 while the economy got away from him. Does he repeat the mistake in 2001? A rate of 2%....0%? The fed futures say we get a 1/4 in May. Then a 1/4 at - or before - the June meeting. And that should be it for the easing.

The bond wouldn't have gone from a 5.25 to a 5.65 and the 10 from a 4.7 to a 5.3 if there were still a much more aggressive easing to come. Don't fight the bond.

IBM - will remain focused on managing receivables and inventory - this is not the best environment to let those get out of hand - up 5 - either this is nuts or I am now too old to get equities.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext