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To: Bridge Player who wrote (30350)9/2/1999 11:58:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 41369
 
Thanks for the welcome Bridge Player.

Don't know if you ever visit the DELL thread but this is a MUST READ. I mean it tell all.

Message 11146288



To: Bridge Player who wrote (30350)9/3/1999 12:08:00 PM
From: Bridge Player  Read Replies (1) | Respond to of 41369
 
Those who believe that the Fed should not raise interest rates any higher may want to check out today's SI daily editorial. A clip from that editorial:

<< Without question, the story leading all the headlines this morning contained comments made by Fed Governor Ed Kelly, where he suggested that further rate hikes were plausible. Those who read the newsletter on a regular basis know that I have been a proponent of tighter monetary policy for some time.
The three rate cuts last fall were reckless and if equilibrium is to be restored, at a minimum those three rate cuts needed to be reversed. >>

BP