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To: soar who wrote (381)1/15/2001 4:18:20 PM
From: Didi  Respond to of 2505
 
Hi soar,

Thx ;-).

How are you? Nice to hear from you again.

Did you note Fed Vice Chair Furguson's recent speech? If the pace of speculative tech advances continues, won't the size and frequency of future rate cuts be less than pleasing to the Street?

>>>In its most recent announcement, the FOMC indicated that risks remain weighted toward economic weakness. While the scenario I outlined seems the most likely to occur, I am NOT sure what level of interest rates will be associated with it. This depends on a number of developments, including the evolution of financial markets and investor APPETITE for RISK.<<<

federalreserve.gov

Take care, soar.

di