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: Perspective who wrote (67088)	2/13/2001 8:37:44 AM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

Sales Data May Spur Talk Of Just 25BP Cut 8:32(Dow Jones) January retail sales better than expected at +0.7%. Ex-auto sales up 0.8%. DJ/CNBC survey had called for 0.5% overall and 0.4% ex-auto gain. Looks like 1Q GDP starting on a faster footing than previously thought. May temper talk of 50BP March rate cut. (BB) 8:30 (Dow Jones) Expect a tentative stock market leading up to this morning's address to the Senate Banking Committee by Fed chief Alan Greenspan. For the crowd looking for some rate relief before late March, this could be a big day. The potential downside rests with Greenspan indicating the worst of the economic slowdown is behind us, making it most unlikely rates get cut inter-meeting. Of course, that also might alleviate some of the worries about the second-half earnings recovery not becoming a reality. Before the savior begins speaking at 10:00 a.m. ET, though, Wall Street will get a look at January retail sales figures. Big numbers from Applied Materials (AMAT) later tonight. Intel (INTC), Texas Instruments (TXN) and Broadcom (BRCM) lowered at CSFB. Stock futures flat. (TG)