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To: SJS who wrote (6477)2/19/2000 7:56:00 AM
From: Guardian  Read Replies (1) | Respond to of 24042
 
Friday's wsj segment could have referred to this:

Indeed, the fact that the Dow didn't do too badly and the Nasdaq rose despite Mr. Greenspan's hawkish remarks underscored a main theme of his remarks: that financial markets have been surprisingly resilient in the face of Fed rate increases. As a result, he implied, the Fed will continue tightening monetary policy until markets have conclusively moderated.