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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (17489)	6/16/1999 5:38:00 AM
From: bearshark	Read Replies (2) \| Respond to of 99985

Les: Greenspan is looking for an economic slowdown. I think Daddy Bush was instructing Baby Bush in Maine on that the past weekend. He had four years of experience. There are rumors that Baby Bush plans to create another cabinet level position "Sectretary of the Recession" for his father. Additionally, it is rumored that Greenspan would be nominated for "Gibberish Laureate" in a new Bush Presidency. I like my Alice Rivlin theory best. She resigned after the last FOMC meeting. I assume that the FOMC decided to raise rates then and, she being a rate dove and beholden to "Find Her For Me" Clinton, resigned out of loyalty. Her resignation is effective in July but she will not attend the June FOMC meeting.