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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: carepedeum2000 who wrote (47261)	2/12/2001 6:32:17 PM
From: American Spirit	Respond to of 57584

If Greenie doesn't cut rates this week or next he ought to retire. He is 3 months behind on these rate cuts and has no inflation worries so nothing holding him back from doing multiple cuts into the spring. Interest rates are too high and there's no rationale for them staying that high. Zero growth economy and 6% rates. Ought to be 3-4% and I think Greenie may be seeing it that way as well. Take any company with large debt or a need to borrow to make cap expenditures and tell me how much a 2% additional rate cut means. A lot. Not to mention for consumers who want to buy goods and housing. That along with a tax cut can really fuel this economy. Maybe the earnings numbers won't reflect this for two Q's but the market will begin pricing it in immediately.