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Strategies & Market Trends : Asia Forum
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To: Zeev Hed who wrote (6744)9/26/1998 2:47:00 PM
From: Frodo Baxter  Read Replies (2) of 9980
 
>Stitch, you outlined all the reasons why I think that the FED's will not relax this week.

Your problem is that you think you know more than the market. The currency market, bond market, and Wall Street economists have all already completely discounted a .25 cut at the next meeting and another .25 by the end of the year. But Zeev Hed thinks the Fed will not relax. Well. I'll bet you $5000 that you're wrong. Or are your comments designed to be provocative rather than right?
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