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To: HairBall who wrote (37353)7/29/1999 9:54:00 AM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Heres my take on the Greenspan thing. I think he KNEW that these employement numbers were coming out bad. He didnt want to seem like he was jawboning the market down, so he pointed out a statistic that would spook everybody. Therfore when that Number came out it the markets would selloff. With growth slowing already, why is everybody woried about a rate hike?