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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (664)	12/21/2000 9:39:25 PM
From: Ahda	Read Replies (1) \| Respond to of 24758

What is going to happen to future generations when greed is but today? Is there not some wise purpose to this to ensure nations prosperity as well as your own due to wise corporate investment? It is not a good long term attitude you will have investment bankers out for one purpose reward no matter what. Laws that adjust to that concept and people have faith in nothing. You end with a few bells with tinkling pockets full but many ding bats left by the one bell. Everthing you do is filled with long term thought and ethics. Damn the Grunch and Greed. Damn theories that are self gratifying and not nation generating. I understand but there isn't a more logical captain in the world nor a honest one for that matter than you. Okay captain which sail do I hoist --- And all good companies are going to be private.

To: ahhaha who wrote (664)	12/21/2000 10:22:04 PM
From: ahhaha	Respond to of 24758

This is total bs: Finally this week, the FOMC announced it was moving directly to a view that the greatest threat came from an excessive slowdown. This meant they skipped past the balanced view that they were considering in November. What apparently stayed their hand until the December meeting was fear that signaling an interest rate cut any earlier might send stock prices surging and complicate their job -- which the minutes describe in typically obtuse terms. ``A shift in the committee's published views might induce an undesirable softening in overall financial market conditions, which in itself would tend to add to inflation pressures,'' the minutes said. The stock market causes inflation? This is the demand management school talking. Apparently they think the messenger is the problem so they shoot the messenger. Stock prices have now dropped sharply. In fact they plunged after the Fed's decision this week to change its stance on the risks to the economy, which were seen as paving the way for interest-rate cuts early next year. Even in November, the Fed could see that some of the steam was going out of the economy's record expansion, now in its 10th year of unbroken growth. ``Growth had slowed more quickly than many members had anticipated and financial market and other developments now seemed more likely to keep pressures on resources from mounting over coming quarters,'' the minutes said. They noted that falling business profits were making it harder for companies to borrow money, while lower equity prices were biting into consumers' spending power. The Fed members had a lingering worry that prices of imported energy might not come down as fast as analysts thought and that a scarcity of people to hire would keep wage demands rising, thus potentially firing up inflation. On balance, the Fed members still felt in November ``the risks were in the direction of a heightening in inflation pressures despite their belief that growth in overall demand now seemed to have declined to a more sustainable pace'' that was safely below the economy's ability to churn out goods and services. The FED has never overtly admitted trying to directly manipulate the stock market. Most people can't see how bad that is. If anyone has any question that the FED has created this Fall crash, they only need review these comments. Never have they intentionally engineered a down side although many doubt that they haven't. They have always only bungled their way to disaster. Now their stupidity has risen to such heights that they haven't got a clue about right policy. They're flying by the seat of your pants. They haven't got a clue, but the world thinks that's better than allowing the free market to do the job. Who's worse? The dummies on the Board or the public?

To: ahhaha who wrote (664)	12/21/2000 10:50:43 PM
From: FR1	Read Replies (1) \| Respond to of 24758

I claim the stock market and economy will now be subject to the good old 4 year business cycle.. I agree with your comments on the FED but I don't think it will be a 4 year cycle. It will be more compressed. I once looked up old comments made by AG and found that when unemployment hit 5% he was a little disturbed. When it hit 4.5% he flat out stated that the rate was unsustainable and action had to be taken. If it were not for the Russian collapse the FED would have gone on a rate increase rampage at that time. The FED decided that the Russian problem created more risk than low unemployment so they lowered rates even though they knew it would cause lower unemployment and guaranteed inflation. Surprise! unemployment went below 4% and no inflation. Perhaps we could go down much further - but the FED doesn't believe it. They demand to see unemployment go up. They know they will get it in January, with all the promised job cuts, so they will lower rates then. Unfortuantely, this won't last long. The economy will be back below 4% in a year or so and the FED will start the next round. ********************************** Something I have never understood: 1) The FED claims they are only fighting inflation. 2) They say that if we do have inflation they will have to raise interest rates and hurt the economy. 3) Therefore, even though there is no inflation, they must raise rates because inflation might come sometime and force them them to raise rates. It's like the fireman that sets a house on fire because he has a hunch that it might catch on fire someday. Philosophers have a name for this kind of logic but I can't put my finger on it.