Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (33946)	4/15/2000 12:00:00 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 77400

You are correct about rates having to ripple through the economy, however, it's not the # of rates that counts it is the total increase. In the past the Fed never took this "ahead of the curve" stance, and would oftentimes raise rates .50 or even .75. One must not forget that 3 rate cuts were freebies due to the Asian crisis in 1998. I believe we have only gone up .75 more from the level before the Asian crisis (someone can check that). Historically when the Fed raises, it does ALOT more. Basically Alan Greenspan (another unpopular figure amongst investors!) has been totally vindicated as far as I am concerned. He warned us. We, including me for a little bit, failed to listen in the midst of all our arrogance. So the answer to your comment is sure it's possible that we could be done with the rate increases, my guess is probably not. JMHO.