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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (48294)8/24/2000 9:01:01 PM
From: Stcgg  Read Replies (1) | Respond to of 94695
 
Bill Hueb..

You said.. "I believe the only way out of the current predicament is for AG to lower rates... but that would only be a short-term measure because the markets would sky-rocket and we would be back where we started..."

The truth is if Mr Magoo lowered rates, the dollar would go into a freefall as the Euro is now doing - Outcome for stock prices would be negative.. He's in a catch-22 with the economy now, it's been stretched as far as it will go, time to pay the Piper nearing!

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