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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (129711)12/14/2000 11:25:01 PM
From: Jim McMannis  Respond to of 1571031
 
RE"Try to understand people have been worried for months. They are not spending because they don't know if they will have a job in 6 mos. The election may have added to it but the MI consumer confidence index has been going down for 3 mos."

OK, but the election just threw gasoline on the fire..

Jim



To: tejek who wrote (129711)12/15/2000 7:33:39 AM
From: boris_a  Read Replies (2) | Respond to of 1571031
 
Ted: the Feds have no excuse to cut and to cut well.

US trade deficit is going to be $ 360B per 2000. Growth rate (of deficit)is at 30%(!). If Feds cut well, the greenback exchange rate will go down significantly. Foreign money will vanish (because of expecting further sinking $). You might get higher inflation (by imports) and slower growth (recession?) same time. Not my prediction, but I guess this kind of scenarios are what Alan has to think about. Pretty difficult job. Much more difficult than many think. But all in all, he's doing a great job.

Regard Boris

BTW, I refrained from techs (except one stock, oh-urks) since April/May NAZ turmoils and initially didn't want to come back until november. Now come back delayed until February despite many temptations. But I wanna get the semis really cheap.



To: tejek who wrote (129711)12/15/2000 1:20:45 PM
From: Alighieri  Read Replies (1) | Respond to of 1571031
 
if the trend continues thru January, the Feds have no excuse to cut and to cut well.

Ted,

I agree. The Fed needs to stimulate consumer confidence to get this ship going forward again. What better way to do it than to lower NOW, before Christmas, not next year. The idea of changing the bias is empty BS. I hope these guys are not too proud to admit that they overcooked the goose.

Al