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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: hdl who wrote (89744)2/21/2001 4:08:01 PM
From: Freedom Fighter  Respond to of 132070
 
The Fed is in deep doodoo. A 1% cut within a few weeks during a typically strong period for the market and we are still threatening new 52 week lows. Inflation is still stirring, the economy is still sinking, consumer confidence is still falling, credit levels are high and the market would still have to fall a lot just to get to its mean - let alone typical bear market territory. Doomspan will only be able to fire so many bullets before the dollar becomes an issue.

Wayne



To: hdl who wrote (89744)2/21/2001 5:37:54 PM
From: Knighty Tin  Respond to of 132070
 
hdl, Once rates approach zero, it starts getting hairy. at least that is what the Japanese tell me. <g>



To: hdl who wrote (89744)2/21/2001 7:20:38 PM
From: yard_man  Respond to of 132070
 
Look at what the 1st set of rate cuts did ... and they want more <vbg>

The customer is always right ...


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