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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (7263)9/24/2002 1:41:44 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
3-6 months after next Fed rate cut, a stock crash will occur
of course, we might see a bleeding until that happens
in 1931, as I recall, the follow crashes occurred following the final rate cuts
those crashes occurred because they made no difference, had zero effect, and only accelerated the deflationary spiral

the stock market is pushing for something that will eliminate all hope, exhaust all Fed bullets, and lead us closer to the Japanized Scenario

DESCENDING THE WALL OF HOPE

this stock market is full of stupidity
starting with a total lack of historical knowledge
/ jim