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

To: John Hunt who wrote (16322)9/1/1998 9:11:00 PM
From: Link Lady  Respond to of 18056
 
Thanks for the suggestions. I think the only one I need to worry about paying divs could be NF. They're earnings aren't great.



To: John Hunt who wrote (16322)9/2/1998 5:42:00 AM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
Why The Fed Can't Just Go Out And Cut Rates

nypostonline.com

<< But in the weeks ahead, there will be more calls for Fed action. So why doesn't the Fed just step up and cut rates?

Because the Asian crisis makes such a move a lot more complicated than it has ever been in the past. And the political situation in Washington - which, remember, is an unknown for the Fed - could make this common tactic uncommonly dangerous..... >>



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