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


To: Justa Werkenstiff who wrote (11331)1/20/2000 12:38:00 PM
From: Wally Mastroly  Respond to of 15132
 
Larry-of-the-FED speaks - with edits:

bog.frb.fed.us

-

Some headlines:

12:30 MEYER: BIGGEST RISK IS 'POSSIBILITY OF OVERHEATED ECONOMY'

12:30 MEYER: OUTPUT GAP IS WIDEST SINCE EARLY 1970S

12:30 MEYER: SUPPLY IS RISING TO MEET DEMAND, BUT NOT ENOUGH

12:30 MEYER: FED CAN'T WORRY ABOUT STOCK MARKET BUBBLE OR CURRENT ACCOUNT DEFICIT

12:30 MEYER: SOFT LANDING IS MOST DESIRABLE OUTCOME

Alert: Meyer Sees Fed Loath to Undermine Economy by Targeting Market/Sector Imbalances

· Alert: Meyer Says Inflation Remains Modest Despite Jobless Rate Decline to Low Level

· Alert: Meyer Notes S&P500 P/E Ratio Double Long-term Average, Savings Rate Record Low

· Alert: Meyer - a Hard Landing May be Unavoidable Despite Best Efforts of Policymakers

· Alert: Fed's Meyer Says "Some See Growing Danger of a Hard Landing" or a Crash

· Alert: Meyer - Timely Preemptive Restraint to Avoid Excesses of Boom Prolongs Expansion

· Alert: Meyer - Fed Should Focus on Correcting Imbalance of Supply and Demand

· Alert: Meyer Says U.S. Growth and Output Running Above Sustainable Potential

· Alert: Fed's Meyer Says Most Important Imbalance in Economy Is Risk of Overheating