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To: Captain Jack who wrote (1433)9/13/2000 11:52:59 PM
From: Arthur Tang  Read Replies (1) | Respond to of 3256
 
Its not Uncle AL to David Rockefeller, his boss who pulled him up by his boot straps. He is not losing face either at the moment, because he can do shot gun marriages and passing the coupons, repo the treasuries, etc., to do short term fixes. So, if you don't hear rate changes; it doesn't mean nothing is being fixed.

He over did it just to prove Feds are independent. But it is a bitter pill for him to swallow in Fed's history.



To: Captain Jack who wrote (1433)9/14/2000 11:10:58 AM
From: Yogizuna  Respond to of 3256
 
And that combined with very high heating oil, gas and gasoline prices will almost tip us over into recessionary times if they are not careful..... Old Yogizuna