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To: Mick Mørmøny who wrote (141686)9/9/1999 12:05:00 AM
From: jttmab  Respond to of 176387
 
The Fed is going to say, what they say every time..."the economy is good...we're vigilant...we are concerned...maybe we'll raise rates, maybe we won't." And we'll all pretend that they are actually saying something....

Then there will be a bunch of BS from the market pundits that they did say something...then we'll see posts from the "burn the fed at the stake" group. The market will go up and then it will go down..or maybe down then up; "investors" will be concerned [or relieved] about interest rates for a few hours to a day and we'll repeat the cycle over again.

You would think that the pundits would try something different just for a change of pace....ooops I guess they did that when they made up "inexplicable".

Best Regards,
Jim

P.S. If a particular fed said "no comment" then it would be the "tone" in which he said "no comment" or "he looked concerned" when he said "no comment".



To: Mick Mørmøny who wrote (141686)9/9/1999 7:29:00 AM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hi Mick,..Re:. Now here's your worst nightmare

If you really want to keep track of Fed speeches, this calendar might help. <g>

bog.frb.fed.us

Best,

Lee