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To: Tomcat who wrote (91233)5/14/2001 7:29:04 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
FED 5th Cumulative Cut Tomorrow........
by: catch_rising_star 05/14/01 07:26 pm EDT
Msg: 235116 of 235116

Lou Dobbs at CNNfn Moneyline just interviewed Citigroup CEO who indicated:

* Fed's 5th rate cut tomorrow will probably be by 1/2 %
* This is fastest Fed rate cuts in 4 months ever in history
* This rate cut will further stimulate consumer & investor confidence

The cash machine by Fed inflowing and keeps rising every day....