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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: stormrider1 who wrote (43492)	5/25/2001 12:01:54 AM
From: LTK007	Respond to of 56535

Greenspan: U.S. Economy Not Out of Woods(Thursday May 24 9:51 PM ET)aside i see you already did that post holiday study,mike:) By Daniel Sternoff NEW YORK (Reuters) - Federal Reserve (news - web sites) Chairman Alan Greenspan (news - web sites) said on Thursday the U.S. economy is still at risk of weakening more than anticipated, but added the aggressive interest rates cuts the Fed has already made this year should offer the economy ``substantial'' support by year end. ``This period of sub-par economic growth is not yet over, and we are not free of the risk that economic weakness will be greater than currently anticipated, requiring further policy response,'' Greenspan told the Economic Club of New York. ``But we also need to be aware that our front-loaded policy actions this year should be providing substantial support for a strengthening of economic activity later this year,'' he said. he has to say that even if he is blindly guessing,max