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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (43986)	11/6/2001 3:28:21 PM
From: stockman_scott	Read Replies (2) of 65232

S&P: "..greatest market risk is that the Fed will be done easing after the Nov. 6 move" investorshub.com >>>NOVEMBER 6, 2001 ECONOMIC INSIGHT Michael Englund, chief market economist for Standard & Poor's ALL DONE? In our view, the greatest market risk is that the Fed will be done easing after the Nov. 6 move, despite the likelihood that it will say it remains biased toward more easing in its post-meeting statement. ... This may prove modestly damaging to the markets as the Dec. 11 FOMC meeting approaches. The reason? Heightened interest rate sensitivity on the part of the consumer.<<<

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