VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (36783)	5/10/2001 8:14:31 PM
From: Jim Willie CB	Read Replies (1) of 65232

with Europeans cutting rates, pressure and burden is off our Fed the tax cut bill is proceeding at a galacial pace I see even odds of only a 25 bpt cut next week also, if yet another 50 bpt cut is granted, what future ammo remains in store? we have had 200 bpt easing in four months historically rapid rate of cutting by our myopic geriatric hidebound grayhairs running monetary policy and the most recent jobs report was much better than expected and the most recent inventory report showed widely depleted warehouses we are fast approaching the major league curve ball (nay, slider) a healthy blip up this late spring, preceding a summer swoon of serious proportions consumer demand is about to demonstrate a last gasp it might center of automobiles and housing soon after, an eerie consumer silence amidst mounting summer layoffs just an opinion expressed by someone who has been wrong often I think we might be disappointed with a 25 bpt cut next week they must keep something back just like a woman after consecutive romantic interludes / jw

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