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

To: Jim Willie CB who wrote (34234)3/20/2001 5:55:21 PM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
<<Kudlow expects the Fed easing cycle to conclude at 3.5%
which would be another three 50 bpt cuts>>

Jim: We should have someone like Kudlow running the FED....If we still have to lower rates that much then why didn't Greenspeak lower rates a full basis point today? No one was expecting that and it could have been justified and explained carefully. The FED could have talked about how it was necessary to effectively engineer 'a soft landing' <VBG>....Oh well, I guess we'll have to deal with the incremental approach that Greenspan seems to love.

The market will come back -- yet in the next few months the DIEhard Bulls will be tested...=)

Best Regards,

Scott



To: Jim Willie CB who wrote (34234)3/20/2001 6:39:15 PM
From: Jimbo  Read Replies (1) | Respond to of 65232
 
re : 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

I heard that idiot too - he doesn't get it does he ?


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