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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (115720)6/13/2000 1:47:00 PM
From: chic_hearne  Read Replies (1) | Respond to of 1579107
 
ted,

They just cut out to Pierre Ellis after AG ended. What was the first thing he said? He saw the fed not leading one way or the other.

chic



To: tejek who wrote (115720)6/13/2000 2:16:00 PM
From: Joe NYC  Read Replies (2) | Respond to of 1579107
 
Ted,

It looks like AG speech was well received. Both Dow and Naz are in positive territory now.

Joe



To: tejek who wrote (115720)6/13/2000 4:11:00 PM
From: Jim McMannis  Read Replies (3) | Respond to of 1579107
 
RE:"The argument presented by some economists for not tightening is that productivity has increased dramatically due to hi-tech break throughs and the net. In the past he would touch on this subject but would hesitate to endorse the concept."

This may work for tech but it doesn't work for a lot of other areas like Real Estate, oil etc.. RE got a tax break so I can't see how AG doesn't raise rates...

If he doesn't he'll be even further behind the curve and gold might even make a move despite its over supply.

You also have to watch for just whom the talking head Economists work for....and whether they have a vested interest.

Jim