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Pastimes : Astrological Influences: Financial and Global Trends -- Ignore unavailable to you. Want to Upgrade?

To: Richnorth who wrote (220)	8/12/1999 12:51:00 PM
From: Richnorth	Respond to of 538

Garzarelli says, "There's too much uncertainty. The economy is starting to slow, but it's not really in the numbers where everybody could see it yet." NEW YORK (CBS.MW) -- With Fed policy makers scheduled to meet again later this month, each piece of economic data is a fresh clue about the course they may take, and Elaine Garzarelli is among the Wall Street detectives on the case. In an exclusive interview with Frank Barnako, managing editor of the CBS.MarketWatch.com Radio Network, the president of Garzarelli Capital said she believes the Fed will raise rates -- how much is the question. (She thinks the rate will go up by 0.25% in order not to spook the market and there will be further interest rate hikes after that.) She also said a stock market correction of 10 percent to 20 percent "is nothing" considering where the market has been over the past few months. cbs.marketwatch.com