Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Jorj X Mckie who wrote (36097)	3/2/2002 11:53:20 AM
From: limtex	Read Replies (3) of 99280

JXM - The Fed didn't turn off the spigot it put up interest rates at the very time it should have een reducing them and crushed the entire world economy. Now it is repairing that mistake and it has taken two years. Ther is huge pent up demand across industry which cut all forms of expenditure and when this choke hold is released the economy will be seen to be expanding normally again. It is no part of any sane economic plan to have the economy collapse and the market with it. We have gotten used to the insane idea that there is something fundamnetally wrong if the market goes up. Best, L

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