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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: B.REVERE who wrote (43147)8/24/1999 5:28:00 PM
From: Terry Whitman  Respond to of 94695
 
Interesting thought. You may be correct. We just don't know at this point. I do know that AG has never stopped at 2 rate cuts OR hikes before- so a third is virtually guaranteed. Irregardless of what da Bulls say.

Since 1987- the average tightening cycle has been 7 hikes for an average of 200 bps. So that's 5 more hikes and 150 more pts. to go.
Of course this mania is not an average one, it's a doozy. <g>