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Pastimes : Ask Mohan about the Market
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To: studdog who wrote (7486)11/9/1997 7:51:00 PM
From: Mike M2  Read Replies (1) of 18056
 
Karl, I' d like to share my thoughts on inflation #'s the government wants to cut entitlement spending by reducing COLAs so AG is helpful by saying inflation is lower than CPI suggests. I feel the Fed should have hiked rates to cool the speculation in the market the fact that they have not done so already makes me feel they won't. No way do they lower rates anytime soon it would simply fuel the speculative fires. Mike
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