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To: Bucky Katt who wrote (8960)6/8/2001 3:56:33 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
William:

The FED will do whatever it has to to keep the economy afloat... The coming 6th straight rate cut along with those millions of $300.00 and $600.00 tax checks should begin assisting the economic recovery in the next 3 to 9 months... As each layer of rate cuts starts kicking in we should see improved revenue and earnings numbers when compared to prior numbers... Capital spending should improve in the coming months... Will all this be inflationary??? Time will tell... I think we could get a good 12 months of positive market momentum before we have to worry about the FED... By then, we could see improvements in productivity that may counterbalance inflationary concerns...

Jim