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


To: besttrader who wrote (18959)4/27/2001 10:08:03 AM
From: Dave Gore  Read Replies (2) | Respond to of 37746
 
Knight, you must be kidding!

You said...
<GDP at 2% shows strong growth! WHY the reaction??>

The whole point of Fed rate cuts is to get the economy back on track so earnings can eventually improve. If the economy is not in a recession (as some thought) and we are months ahead of where we expected be in the recovery, then that is very very good news.