Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (17164)	9/11/2000 10:19:59 AM
From: Lucretius	Read Replies (2) \| Respond to of 436258

roflmao!

To: pater tenebrarum who wrote (17164)	9/11/2000 10:43:26 AM
From: Ken98	Read Replies (2) \| Respond to of 436258

<<10:15 AM Fed says adds $2.995 billion via overnight repos 9:14 AM UPDATE 1-Fed adds $1.95 bln via 29-day repos>> Also, re. McTeer: <<Fed's McTeer sees silver lining in current account MONDAY, SEPTEMBER 11, 2000 10:32:00 AM EST CHICAGO, Sept 11 (Reuters) - Federal Reserve Bank of Dallas President Robert McTeer said on Monday he was not overly worried by the United States' huge current account deficit because it also reflected the strength of the U.S. economy. "I don't worry all that much about it because it reflects strength, not just weakness," McTeer said answering questions after a speech. McTeer was participating in a panel discussion titled "Challenging the Consensus" at a conference of the National Association for Business Economics in Chicago. The Dallas Fed President earlier said the U.S. economy's recent slowing was likely to continue. The change in composition in gross domestic product between the first and second quarters "suggests some further slowing is likely," McTeer said, pointing to data on business investment and inventories as signals of further growth moderation.>> The FedSpeak keeps getting sillier and sillier. We now have unsolicited comments indicating that the Fed thinks (1) they are done fighting inflation, (2) we are not to worry about the trade deficit, and (3) the Clownbuck will remain the world's reserve currency of choice "because there is no alternative." Hummmm, any thoughts?