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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (824)	3/20/2001 7:30:26 AM
From: MrGreenJeans	Read Replies (1) \| Respond to of 10065

Pete As for Angell's FOMC Meeting prediction, he now expects either: -a 75 basis point rate reduction - no future guidance, or -a 50 basis point reduction with guidance hinting at a future interim FOMC meeting reduction Either action will be good news for the financial markets even if they sell off at first. As everyone here knows by now this monetarist economist sees this as a very good sign for equities in the months ahead.