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Politics : Formerly About Applied Materials
AMAT 228.68-2.7%Nov 11 3:59 PM EST

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To: Jacob Snyder who wrote (50616)8/15/2001 8:36:01 PM
From: michael97123  Read Replies (1) of 70976
 
more chance of inflation next year

Jacob,
Would welcome some inflation at this point because in its early stages market may move.
My belief is Fed needs some asset appreciation in the markets to get economy moving again. Its amazing what higher stock prices may bring with it such as increased demand and increased corporate spending. mike

PS some folks are talking about fed actually jawboning banks to make lending easier to the less well established firms. Government bails out banks regularly. Banks screw up in upcycles and then compound problems in downcycles by over-restricting credit. Anybody read or hear about this Fed initiative?.
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