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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (16014)6/26/1999 7:38:00 PM
From: James Strauss  Read Replies (2) | Respond to of 29382
 
If there's no real inflation then the Fed doesn't need to jawbone
about it in the first place. If there is inflation (and I'd agree that
the equities market is a form of inflation) then lets let the market self adjust and settle its own bid/ask without Fed intervention.


Jim:

I completely agree that there is no reason to raise rates now... Nonetheless, the market expects it... Without it, the market goes lower...

Jim