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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (1315)11/8/2001 12:19:25 AM
From: Lost1  Respond to of 23786
 
At the rate we are burning through rate cuts, we'll be at or under 1% before spring. Granted the Fed might slow them down to 25 BPs, but still, that is not going to solve the problems. In fact one might argue they are perhaps hindering a recovery by putting off the inevitable.

I certainly agree with that....these cuts aren't helping anything and will inevitably cause a need for applying the brakes once we're off the ground (again)



To: AugustWest who wrote (1315)11/8/2001 12:41:20 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 23786
 
We got cheaper money. Whippy do da day!

cheaper money can encourage spending at both the consumer level and by enterprises.

coupled with cheaper oil, this can actually stimulate the economy some.

But, until debt is worked off, I don't think the recovery can really be trusted.