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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Joseph G. who wrote (4700)	8/29/1998 12:16:00 AM
From: HH	Read Replies (1) \| Respond to of 86076

Interesting read on that new Moneyline free service. from Agence Francais Presse: Rosanne Cahn with Credit Suisse /First Boston says Fed is unlikely to lower interest rates in an attempt to save Russia or emerging markets. Says Fed would not move unless there was significant evidence that the US economy was hurting. She said it would have to be more severe than soft landing. The other scenario that might prompt Fed lowering would be a drop in equity markets but more on the order of twice as much again as we have already dropped. (I'd like to date her) HH Oh yeah, another listing estimates next week unemployment rate to fall from previuos 4.5% to 4.4% The fed would definately be playing with some major fire stimulating full employment. Are all these strikes we are seeing in three differnt industries a sign of some major forces at work? Automotive,telecomm,airlines, I know I only got a 3% raise last year and I own the damm company.-g- HH