Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (33575)	6/29/1999 12:19:00 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

To all - I forgot to do some serious ranting regarding the (stupid) Federal Reserve. What I think is going on is -- at inflection points in things (weather conditions, stock market stuff, political leanings, inflation/deflation, etc.), it takes clever people to sense the change. To me, it seems increasingly likely that the economy is turning RIGHT NOW. But, to brain-dead observers, the safest prediction is always : today's weather will most likely be the same as yesterday's weather. That is the full extent of the analysis of the economy by our "esteemed" Federal Reserve, right now. It's too bad. They missed the whole turn in 1990-1991. (By the way, I did not. My own interest rate futures trading records available for audit, if anyone really cares). I assume they will miss the turn this time also. Jon.