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Pastimes : Home on the range where the buffalo roam

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To: Jim Willie CB who wrote (12903)4/22/2001 12:31:57 AM
From: Jim Willie CB  Read Replies (1) of 13572
 
Fed is still hitting the brakes
FedFunds rate is 4.5%
3-month TBill yield is now 3.55%
call it 3.6%

the fickle amateurs at the Fed are hitting brakes by 90 bpts
they dont catch up, because they started so late
rank incompetent econometric amateurs
and arrogant also
/ jw
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