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


To: Wayners who wrote (54880)6/21/2000 7:54:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Wayne, one last comment re. the Fed: i believe the Fed Funds rate should trade freely instead of being subject to a 'target' arbitrarily assigned by the Fed bureaucrats. that way true credit demand conditions would constantly be reflected in the funds rate, and no artificial injections of liquidity into the system would occur.

regards,

hb