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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (120399)	12/4/2000 10:54:06 AM
From: chomolungma	Respond to of 186894

Irrespective of the stock market, there hasn't been a whole lot of economic evidence that would point to a slowdown. I think the most we can hope for at the December Fed meeting is to go to an "easing" bias. Even that might be a big help to the market. Greenspan isn't likely, in absence of economic data, to lower rates. He doesn't want to be seen as if he is bailing out a market, a market he called irrational.

To: John F. Dowd who wrote (120399)	12/4/2000 11:13:18 AM
From: GVTucker	Read Replies (2) \| Respond to of 186894

John, RE: Since Gore is a psychopath I can excuse him but Greenspan has been DEAD wrong on the last 3 hikes. Inflation, both on a total basis and core basis (ex food and energy) has been higher this year than it has been for the past six years. Seems that Greespan was right. Blaming him for the current market decline is misguided, IMO; without the rise in rates you'd be facing even worse inflationary pressures. Blame the combination of an inflection point in inflation combined with a decline in earnings expectations.