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To: Little Joe who wrote (66238)3/20/2001 9:49:41 AM
From: Rarebird  Read Replies (1) | Respond to of 116927
 
<Should that happen it would tell me that things are really bad and the Fed is desperate.>

The Fed is desperate. They blew it and now everyone knows it. So much for the much talked about view in the past that the Fed can easily produce a "soft landing."

It's tough though not impossible to get out of quicksand.



To: Little Joe who wrote (66238)3/20/2001 9:49:42 AM
From: long-gone  Read Replies (1) | Respond to of 116927
 
<<Should that happen it would tell me that things are really bad and the Fed is desperate.>>

You can bet there will be an underlying current speaking of such a desperate move.


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