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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (16614)1/21/1999 1:46:00 PM
From: accountclosed  Read Replies (1) of 86076
 
This fed official isn't with the program of obfuscation...

Boston Fed Minehan says financial mkts a concern...Financial markets remain volatile and are a continuing area of concern...when asset prices level off or come down... the speed and size of such correction presents uncertainties...The international situation could present significant issues...inflation risks remain...She reiterated her warnings against ''fallacies'' such as the belief ''inflation is dead,'' or ''asset markets only go up,'' and ''business cycles are a thing of the past.''

biz.yahoo.com

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