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


To: American Spirit who wrote (19032)4/27/2001 12:35:30 PM
From: Dave Gore  Read Replies (1) | Respond to of 37746
 
Amercian, the rate cut may take a back seat to the stronger than expected GDP of 2%. When people think about that number over the weekend, we could see a nice run next week.

No recession is great news and may give Money Fund Managers the courage to start to put some of the massive cash to work.

That number could mean we are further along the recovery curve than many expected and since the Market looks ahead anyway, this could be much better news than any potential additional Fed Cut.