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

To: Wally Mastroly who wrote (12666)	3/22/2000 12:44:00 PM
From: Justa Werkenstiff	Respond to of 15132

Wally: Re: "This is a recording..... FED still needs to do something more dramatic to get the stock markets attention. The gradualist thing is not quite doing it - at least not yet." You remember last year when the mantra was three hikes and out and we tore apart that thinking here on the thread? Even Abby was giving this line. Welcome to Part II. Now the mantra is two more hikes in May and June at the most at a quarter point a clip and then goodbye. That's priced into the stock market right here with bond market support IMO. If the first three were take-backs it is difficult to believe that two "real" hikes will do it while the economy rolls along here and now. A strong stock market makes it even more unlikely.