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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (7513)	11/10/1997 10:44:00 AM
From: Terry D	Read Replies (2) \| Respond to of 18056

MV - 1. Your thread is booming I see. Congrats. 2. In today's morning call, Wayne Angell of BS reiterated his opinion that last week's employment data would normally trigger a tightening tomorrow, but due to the Asian upheaval he doubted very strongly that any change will come from the FOMC. My question (sorry if you have covered this, but 7500 responses are too many to check) - Is the Fed protecting the economy from the real posssibility of a deflationary slowdown or the financial markets? And is there anything inherently wrong with the latter? td