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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (1401)	9/6/2001 9:34:06 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 10065

Fall Market Forecast (FWIW) from CNNFN - I found the article on FED rate impact of interest: cnnfn.cnn.com

To: Justa Werkenstiff who wrote (1401)	9/7/2001 12:11:22 PM
From: Wally Mastroly	Read Replies (2) \| Respond to of 10065

Justa: testing..testing..??? the Spring lows ??? With the unemployment data out (& with the reduction in wholesale inventories), perhaps the Greenman should use his 'last' remaining rate-cut bullet now??? How about a half-point cut on Monday? Why wait till October? If the economy is on the verge of an 'official' recession, why not entice short-term borrowing with lower rates NOW? Of course, better medicine might have been a sweetner in the recent tax cut package for business to increase capital spending (now), with a limited-window for business to exercise that option. As Brinker had pointed out, Bush missed his window-of-oppportunity by not including something like that in the tax package. Now he has lost his leverage, including the majority lead in the Senate. The Dems would not be inclined to cooperate right now. - dismal.com - biz.yahoo.com