Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (16974)	4/21/1998 8:38:00 AM
From: Barbara Barry	Read Replies (1) of 94695

Bill, I do not remember the last time rates moved 1/2 pt.Wallstreet has been conditioned to tollerate,more or less, a 1/4 move.IMHO a 1/2point move would really spook the market.Maybe someone on your thread can help me understand some basic economic principals????What would that sort of rate hike do to the dollar and foreign investments?With earnings slowing and the Asian crisis,could a reccession be a consequence down the road with rate hikes or is the interest rate too low for that? I had posted "somewhere" after reading some comments from the G7 that this really is a tightrope situation isn't it? How 'bout those comments on cnbc comparing today to the speculation of July '96???HMMMM? Regargs, Barbara

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