The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (1043)	9/15/1998 8:39:00 AM
From: Wally Mastroly	Read Replies (3) of 15132

O.K. - It's time to get back to "Brinker-related" issues (other than the President). How about - lowering interest rates. Is that warranted? Would that help much?. Would it keep the our economy/bull market going? I think lower rates would keep/delay our economy from sliding toward a possible recession. I believe the international crises will continue to slow our economy down for at least a couple more quarters - if not longer. Lower rates would cut the financing costs of running a business - taking some pressure off any profit squeeze. Assume Bob was still calling for same last weekend? My guess is still lower rates (maybe a half point-in 2 steps?). But not quite yet (starting next Fed meeting instead). However, there has been a lot of chatter in the news about a "coordinated" rate cuts by various countries (i.e., at the same time). Not sure lower rates would help Japan. Its rates are unbelievably low already. Below is a link summarizing Greenshades recent comments. Message 5678141 I believe the Fed chairman will speak again this week.

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