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To: patron_anejo_por_favor who wrote (104726)5/24/2001 8:42:36 PM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
patron -

DB 05/24 20:21 GREENSPAN: FED MUST LEAN AGAINST OVERSHOOTING.
DB 05/24 20:21 GREENSPAN: HIGH-TECH INVENTORY CORRECTION NEEDS TIME.
DB 05/24 20:20 GREENSPAN SEES RETURN TO PRODUCTIVITY GAINS OF LATE 90S.
DB 05/24 20:20 GREENSPAN SEES ECONOMY STRENGTHENING LATER THIS YEAR.
DB 05/24 20:20 GREENSPAN SEES 'NO INFLATIONARY ZEST'.
DB 05/24 20:20 GREENSPAN: FURTHER RATE CUTS MAY BE NEEDED.
DB 05/24 20:20 GREENSPAN: SLUMP ISN'T OVER YET.

Greenspan is going to have to try to ease the markets into the end of the rate cuts.

Regards, Don

EDIT: If the markets are over-valued now, how much more over-valued will they be if they don't react when the FED stops lowering?



To: patron_anejo_por_favor who wrote (104726)5/24/2001 8:50:12 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
That explains the bump...http://www.cme.com/cgi-bin/gflash.cgi