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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (6683)8/2/2002 1:16:48 PM
From: Jon Koplik  Respond to of 33421
 
On CNBC, Rick Santelli just said that Goldman Sachs (excuse me ... the "great" Goldman Sachs) came out some time around 11:30 - 11:50 or so, saying ...

The world is indeed ending, and they expect the Fed to cut Fed Funds by an additional 75 basis point by 12/31/02.

We'll see if Goldman managed to get their clients long at the exact top of the move in the bond market ...

Jon.