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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: mister topes who wrote (7929)8/20/1999 11:36:00 AM
From: Carl R.  Respond to of 15132
 
From my personal observation it seems to me that the Fed does not generally take aggressive action in the last 12 months prior to an election. Many of the effects take many months to work their way out of the system, and for whatever reason it seems that the Fed is more likely to be aggressive in off years. My guess is that the spotlight is especially intense on the economy and the government at election time and the Fed prefers to be invisible to the public.

Thus if the Fed is going to be aggressive I would expect it to do it's thing in the next month or two, hopefully allowing the economy to be back in recovery mode by the time of the election.

Carl



To: mister topes who wrote (7929)8/20/1999 11:56:00 AM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 15132
 
Don: I don't think the Fed. will leave the game either after next week. But the market might well think that is the case short term until the next data blip gets it to rethink that conclusion. And I think we will get that data blip and more at some point. Thanks for your 2 cents.


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