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


To: MrGreenJeans who wrote (825)3/20/2001 8:23:29 AM
From: Boca_PETE  Read Replies (1) | Respond to of 10065
 
Mr GJ: RE:"As for Angell's FOMC Meeting prediction"

It was a real kick to see Angell squirm when Bob Sellers directly asked him about his early March prediction of a between meeting FED rate cut. Sellers asked him "and then you raised the probability of that predicted rate cut - what was that all about?" I was laughing so hard I was in pain.

Angell's response was that his then and now view was/is that the FED had to get to a 4% Federal Funds Rate by May 15.

P