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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (13175)12/13/2001 2:31:33 PM
From: Catcher  Respond to of 99280
 
>>Fed is concerned that demand is being impacted by the losses in stock market since bubble peak>>

How ironic the Fed would now be concerned with the stock market drop it sought to cause 2 years ago with a series of rate hikes & comments. Does it occur to the Fed with each of the 10 - 11 rate cuts we've seen that maybe they shouldn't have raised rates so sharply?