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


To: Zeev Hed who wrote (85305)6/25/2002 4:48:42 PM
From: vampire  Respond to of 99280
 
There was a story in the Wall Street Journal yesterday (or last week perhaps) discussing the possiblity of such a scenario



To: Zeev Hed who wrote (85305)6/25/2002 4:50:20 PM
From: DebtBomb  Respond to of 99280
 
It might help support the dollar too, they might do it Zeev, who knows.



To: Zeev Hed who wrote (85305)6/25/2002 5:02:00 PM
From: LTK007  Respond to of 99280
 
They might try the ploy 'no change in rates but with bias to raise rates'---who knows?:).
GE is going to have a CC and tell everrybody they will meet their guidance--wonder if they got a PPT call ?:) Max



To: Zeev Hed who wrote (85305)6/25/2002 5:17:07 PM
From: yard_man  Respond to of 99280
 
actually a possibility -- that would inspire a bit of confidence. Hope they don't do it.



To: Zeev Hed who wrote (85305)6/25/2002 6:04:55 PM
From: furrfu  Respond to of 99280
 
I think they've really painted themselves into the corner here. If they cut, it's a de facto admission that they see something wrong with the recovery. If they raise, they will be viewed as trying to kill the recovery, such as it is. If they remain unchanged, they're not doing anything to help anyone.

The only certainty I see is that their (in)action will have more spin put on it than a tire in the balancing machine.

Doug



To: Zeev Hed who wrote (85305)6/25/2002 8:33:56 PM
From: Tatnic  Respond to of 99280
 
IMO I believe the chances of lowering rates are greater than raising rates. A year from now my guess is rates will be the same or lower.



To: Zeev Hed who wrote (85305)6/25/2002 9:29:21 PM
From: Vitas  Respond to of 99280
 
here's what it looked like when the Fed went from 1 1/2 to 2 1/2 % on 10/9/1931:

geocities.com