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Pastimes : Ask Mohan about the Market
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To: John Hunt who wrote (16815)10/22/1998 8:21:00 AM
From: Crimson Ghost  Read Replies (3) of 18056
 
Mcdonough's comments ought to give the bulls a problem. No way will we get the rate cuts they anticipate if his viewpoint prevails. Another problem for the bulls -- even Greenspan may not want to cut much more if the stock market remains strong. Agressive easing not likely as long as the Dow remains above 8000.
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