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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (15250)4/6/2001 1:12:34 PM
From: Softechie  Respond to of 37746
 
I see Angell mellowing out a bit...12:26 (Dow Jones) Bear Stearns senior economist Wayne Angell giving better
than 50% odds the Fed will cut interest rates before its May 15 meeting.
That's down from the 80% odds Angell gave for a cut before the Fed's last
meeting - a prophecy that caused a stir, lifted stocks, but didn't pan out.
Angell, a former Fed governor, feels the Fed should cut by 100 basis points,
but would settle for 50. (KJT)



To: 2MAR$ who wrote (15250)4/6/2001 1:16:04 PM
From: Sharck  Read Replies (1) | Respond to of 37746
 
If at first you do succeed try to hide your astonishment:
12:26 (Dow Jones) Bear Stearns senior economist Wayne Angell giving better
than 50% odds the Fed will cut interest rates before its May 15 meeting.
That's down from the 80% odds Angell gave for a cut before the Fed's last
meeting - a prophecy that caused a stir, lifted stocks, but didn't pan out.
Angell, a former Fed governor, feels the Fed should cut by 100 basis points,
but would settle for 50. (KJT)