SI
SI
discoversearch

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.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (14930)4/19/2000 1:09:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
a May 16 Fed hike might happen more from a credibility factor
the markets have priced it in (financial stocks, Bonds, FedFundsFutures)
Fed must protect its image of vigilance against inflation
April CPI might be negative, as I predicted with some bravado
but Apr CPI might also show residual increases from recent higher energy costs being gradually passed on

I believe the constant unswerving spectre of Fed hikes will make it next to impossible for NAZ to rally with abandon from here to mid-May

Federal Reserve might hike once more, and give indications that they are done
dont forget we are in an election year
so Fed wont want to hold back in May, only to raise in July during campaign conventions

I think they stupidly raise once more, with stiff backbone, even if the move is excessive and bonehead... the Fed has a long history of excessively raising interest rates for decades... I dont give them one iota of credit for any Soft Landing in 1997... they gave us the Asian Meltdown

/ Jim