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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (36089)4/20/2001 9:21:13 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
``Greenspan is not looking for a reason to cut, he'll cut until he has a reason not to,'' says Louis B. Crandall, chief economist at New York-based consultant R.H. Wrightson & Associates.

this can quickly be interpreted as GreenBoy running scared
he made a mess, and now is trying hard to fix it
I believe G's principal focus is on bank lenders
he wants them to relax their tight grip on money
the Fed can ease on money restrictions, but bankers must lend it in a free country
/ jw
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