Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 235.13

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Nov 10 3:59 PM EST

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To: michael97123 who wrote (50611)	8/15/2001 6:12:27 PM
From: Jacob Snyder	Read Replies (2) of 70976

OT re: effect will the fed have on the market next week? 1. the Fed has clearly signalled that 1/2-point cuts are over. 2. a 1/2-point cut would be a big surprise. The markets could interpret that as: a) more stimulus for the economy b) more chance of inflation next year c) the Fed must be seeing something really ugly, if they are back to 1/2-point cuts Flip a coin, I haven't a clue 3. a cut now will have nil impact this year on the economy, and it's max effect on the economy in February 2003 (18 months from now).

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