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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%Dec 1 3:59 PM EST
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To: Skeeter Bug who wrote (27327)12/21/1998 10:49:00 AM
From: Clarksterh  Read Replies (1) of 70976
 
Skeeter - First, my standard disclaimer: I stink at short term predictions. That said the Fed is in a bind, caught between the obvious asset inflation and the economic slow-down. But in the end I suspect you are right that they will do nothing until the leading economic indicators indicate a slow-down or there is some other quantifiable sign of economic dislocation (like the divergence in interest rates that happened in October).

All JMO

Clark
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