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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (1432)12/15/2000 11:13:26 AM
From: tradermike_1999  Respond to of 74559
 

Mike, do you still think the financial market could collapse in 2001, despite certain rate cuts in months ahead ? I personally don't think most Americans would like to hear that for the US market. But for the markets abroad, I guess we don't care much...


Depends on how much and how early they are able to cut rates and that is much more up in the air then the analysts recognize. Problem is that there have been times that the Fed cuts rates and it was too late to prevent the economy from slipping into a recession.