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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (34232)3/20/2001 5:50:35 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
the Fed language today was reported to be identical to that expressed in the December FOMC meeting

that hinted of an interim rate cut
we got an interim cut in early Jan

it is a loooonng time until the next Fed Meeting -- May 15

these utter clowns might be planning on another 50 cut in April

Kudlow expects the Fed easing cycle to conclude at 3.5%
which would be another three 50 bpt cuts

some Barclay Bank economist said he thought the Fed was done easing, and the economy would return to growth mode by the second half
what a clown, totally clueless
probably subscribes to Phillips Curve and other nonsense econometric heresy

/ jw