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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (5403)6/27/2001 10:29:39 PM
From: Hawkmoon  Read Replies (4) | Respond to of 74559
 
Hey Jay... Interesting point I heard made earlier today about the 1/4 point rate cut.

One argument, and I think a good one, is that corporate America was sitting on its wallet waiting for the Fed to finish those major rate cuts.

Now they have to get our there and start spending because nothing else is coming for two more months and it will probably only be another 1/4 point.

Hawk