Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: blake_paterson who wrote (25384)	10/16/1998 1:20:00 PM
From: 16yearcycle	Read Replies (2) of 70976

:" have not the all of past slowdowns (which have then resulted in fed easing) been the result of the fed having put an end to the party?" Of course there have been lots of reasons for recessions, but I want to suggest that REAL interest rates have been sky high the past 2 years, and resulted in decreased economic activity. The fed was too tight for a long time and now AG wants to make up for it. The pro's became horrified by how tight liquidity was starting in September. The fed is doing what it should to help; they were very slow to react. They were slow because they knew they would cause a bubble. AG knew he couldn't act until the market dropped or he could avoid acting if Asia recovered. Scenario 1 prevailed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next