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Strategies & Market Trends : Waiting for the big Kahuna
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To: Gersh Avery who wrote (21049)6/28/1998 4:50:00 AM
From: JPN  Read Replies (3) of 94695
 
Do you think the Fed screw the pooch by not raising interest rates earlier? Seems like they have been waiting for Asia to have its impact on the US as the economy, or more specifically, the Stock Market, has gone too far, too fast. Now, if the Fed raises interest rates it will Kill (20% fall) the stock market and the Fed does not want to do be responsible for that...
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