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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (54355)	1/5/2001 10:11:12 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

yep...that's because logic has nothing to do with it. trained by the '98 experience, everybody went bullish on the rate cut, however, the rate cut isn't bullish news. it indicates trouble, for the economy, the credit markets, what have you. it shows they panicked, as the economy is apparently slipping into recession fast. note: unemployment data are a lagging indicator. furthermore, the earnings contraction has barely begun. it will get a lot worse before it gets better imo.