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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (52771)6/1/2000 4:51:00 PM
From: willcousa  Read Replies (1) | Respond to of 99985
 
How much more fed rate hike will it take before you all believe me that Greenspan is manipulating the election? Are we close yet?



To: pater tenebrarum who wrote (52771)6/1/2000 5:42:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
Heinz, the inflation number are released by the government why do you expect them to show inflation??

If I would be Gore I would ask for more interest hikes NOW so to slow the economy and by August to start lowering interest rates and the stock market should rise into election. Well to ask that you need some brains which are in short supply in Washington.

BWDIK
Haim



To: pater tenebrarum who wrote (52771)6/2/2000 8:38:00 AM
From: Madharry  Read Replies (1) | Respond to of 99985
 
People have cash and banks are taking it on the chin, as is small nonpublic business with borrowing needs. Raising rates, which end up putting small companies out of business is not going to raise employment. I have just found out that I can move my local checking account which is paying 1% to an internet account which will pay me 4.75%. The money market account -federally insured pays even better. I believe that we continue to see less and less people employed by banks. These interest rate boosts are just crazy. I believe here systemic structural unemployment in the system. The labor shortages are those of either minimal wage jobs or structural issues. Neither will be favorably affected by interest rates.