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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Ted David who wrote (15077)8/20/2001 2:40:22 PM
From: Paul Shread  Read Replies (3) of 52237
 
Thanks for geting Stephen Roach on, Ted. A nice touch of rationality to the debate.

USA Today is ahead of you on this one, though:

"All three major U.S. indexes are down since the Fed first cut rates Jan. 3. There have been seven cases when rates were cut six consecutive times. Only once -- at the start of the Depression in 1930 -- have stocks been lower 6 to 12 months later, says James Stack, president of InvesTech Research."

usatoday.com

Would like to see an intelligent discussion of that fact and what the potential implications are for the economy and the market.

Keep up the good work.

Best,

Paul
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