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Non-Tech : Moguls Mantra to the Markets -- Ignore unavailable to you. Want to Upgrade?


To: SunSunM who wrote (164)10/2/2001 11:05:21 AM
From: $Mogul  Read Replies (1) | Respond to of 220
 
Fed-Funds Rate Target History:

Date Fed-Funds
Rate Target Fed Action Time
09-17-01 3.00% cut 50 basis points 8:20 am
08-21-01 3.50% cut 25 basis points 2:13 pm
06-27-01 3.75% cut 25 basis points 2:12 pm
05-15-01 4.00% cut 50 basis points 2:15 pm
04-18-01 4.50% cut 50 basis points 10:55 am
03-20-01 5.00% cut 50 basis points 2:14 pm
01-31-01 5.50% cut 50 basis points 2:15 pm
01-03-01 6.00% cut 50 basis points 1:13 pm
05-16-00 6.50% raised 50 basis points 2:13 pm
03-21-00 6.00% raised 25 basis points 2:15 pm
02-02-00 5.75% raised 25 basis points 2:13 pm
11-16-99 5.50% raised 25 basis points 2:16 pm
08-24-99 5.25% raised 25 basis points 2:14 pm
06-30-99 5.00% raised 25 basis points 2:15 pm
11-17-98 4.75% cut 25 basis points 2:18 pm
10-15-98 5.00% cut 25 basis points 3:14 pm
09-29-98 5.25% cut 25 basis points 2:17 pm
03-25-97 5.50% raised 25 basis points 2:14 pm
01-31-96 5.25% cut 25 basis points 2:15 pm
12-19-95 5.50% cut 25 basis points 2:15 pm
07-06-95 5.75% cut 25 basis points 2:15 pm
02-01-95 6.00% raised 50 basis points 2:14 pm
11-15-94 5.50% raised 75 basis points 2:20 pm
08-16-94 4.75% raised 50 basis points 1:18 pm
05-17-94 4.25% raised 50 basis points 2:26 pm
04-18-94 3.75% raised 25 basis points 10:06 am
03-22-94 3.50% raised 25 basis points 2:20 pm
02-24-94 3.25% raised 25 basis points 11:05 am
09-04-92 3.00% cut 25 basis points
07-02-92 3.25% cut 50 basis points
04-09-92 3.75% cut 25 basis points
12-20-91 4.00% cut 50 basis points
12-06-91 4.50% cut 25 basis points
11-06-91 4.75% cut 25 basis points
10-31-91 5.00% cut 25 basis points
09-13-91 5.25% cut 25 basis points
08-06-91 5.50% cut 25 basis points
04-30-91 5.75% cut 25 basis points
03-08-91 6.00% cut 25 basis points
02-01-91 6.25% cut 50 basis points
01-09-91 6.75% cut 25 basis points
12-19-90 7.00% cut 25 basis points
11-14-90 7.50% cut 25 basis points
10-29-90 7.75% cut 25 basis points
07-13-90 8.00% cut 25 basis points
12-20-89 8.25% cut 25 basis points
11-06-89 8.50% cut 25 basis points
10-18-89 8.75% cut 25 basis points



To: SunSunM who wrote (164)10/2/2001 12:52:10 PM
From: $Mogul  Respond to of 220
 
Today, Greenspan puts the nail in the coffin on this treasury rally.
The economy is strong and Greenspan will succeed in igniting inflation.

Unemployment is at 5% (bubble level) and should rise to 6% (still indicating a strong economy).

In less than 6 months, people will be saying Greenspan created a monster, aka a new economic bubble



To: SunSunM who wrote (164)10/2/2001 1:48:13 PM
From: $Mogul  Read Replies (1) | Respond to of 220
 
In the Macro..The Fed will not bail the US economy out of this one. We are embarking on several years of L-Shaped disinflation and stagnation