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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (36111)7/28/2000 12:49:59 PM
From: michael97123  Respond to of 70976
 
Dont think that the new conventional wisdom of today that there will be 1/4 point increase by the fed is correct. Greenspan in his testimony said wages and consumer spending were what he is looking at. GNP may really be looking in the rear view mirror as the economy slows. But the perception of a rate increase coming in August is having its effect. Hopefully we can rally today to prevent a one two--friday monday punch.