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To: Ed Forrest who wrote (52359)5/5/2001 5:30:19 PM
From: RetiredNow  Read Replies (1) | Respond to of 77398
 
Hi Ed, it sounds unrealistic given the previous cuts, but I wouldn't rule it out based on the crappy consumer sentiment surfacing.



To: Ed Forrest who wrote (52359)5/5/2001 8:01:05 PM
From: Eric  Read Replies (2) | Respond to of 77398
 
Ed

The unemployment report Friday pretty much bakes in a 50 basis cut on the 15th. I'm wondering how high unemployment will get this cycle.

My guess is we won't know until early next year how bad it really gets.

IMHO the Fed has a long ways to go this time.

Eric


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