Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 186.49

-0.6%

Dec 31 3:59 PM EST

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To: ajtj99 who wrote (43671)	5/30/2001 5:26:37 PM
From: furrfu	Read Replies (1) of 56535

$52 Billion into a $9+ Trillion economy? Piffle. How much did the Fed dump into the economy the day after the rate cut? (You linked the article on 5-25, now it's archived and I don't feel like buying it). I'm guessing it was exactly 1 (one) butt-load more than $52B, and that was in one day. It's effect on the market was dramatic and lasted 8 calendar days. The tax refunds will in all likelihood go to Visa and AmEx and MC, for things already bought, i.e., already in the economy. Doug

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