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To: Dennis who wrote (1026)5/5/2000 2:31:00 PM
From: TechMkt  Respond to of 1166
 
Dennis,
The Fed meeting is like the Sword of Damocles hanging over our heads. I think we'll see a rally after the meeting, tempered by Greenspan's words.

I think Greenspan is wise enough not to raise interest rates 1/2%. When one has to choose between inflation and recession, inflation is the better choice. It is the price of success, whereas recession is the price of failure.

Remain calm...all is well

Fez



To: Dennis who wrote (1026)5/5/2000 2:31:00 PM
From: TechMkt  Read Replies (1) | Respond to of 1166
 
Dennis,
The Fed meeting is like the Sword of Damocles hanging over our heads. I think we'll see a rally after the meeting, tempered by Greenspan's words.

I think Greenspan is wise enough not to raise interest rates 1/2%. When one has to choose between inflation and recession, inflation is the better choice. It is the price of success, whereas recession is the price of failure.

Remain calm...all is well

Fez


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