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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (61069)5/28/1999 7:31:00 PM
From: DJessen33  Read Replies (1) of 132070
 
Ok, Mr. Bond, "James" Bond <g>. What is the significance of the Fed Coupon pass on the market? Some people refer to the recent Fed Coupon passes as the Fed propping up the market. Even if the Fed has been doing it all along, people are taking more note of it now as I had heard it mentioned on CNBC and in other stock discussion recently as a significant event...

Thanks in advance...

DJessen33
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