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Politics : Idea Of The Day

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To: Jerry Olson who wrote (26597)	5/27/1999 1:11:00 PM
From: Judy	Read Replies (1) of 50167

Hi Sweets, Posted to you on the MDA thread I'll take your bet that the Fed would indeed raise rates some time this year, and it won't be due to real inflationary concerns. The Feds previously raised rates by 1/4 point in a pre-emptive move that was not warranted by macro-economics. This same freebie 1/4 point would be the same they will lower in as a second pre-emptive move. No real change, but the markets will balance themselves. Geez, you make bets with everyone but me ... btw, what was the wager with Mike Schurr over DELL and did you pay up yet?

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