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To: yard_man who wrote (6880)9/23/1998 6:04:00 PM
From: Rambi  Read Replies (1) | Respond to of 86076
 
Tippet,
The funny thing is that that was exactly the implication! That he was "tight with the Chairman"!! And you're thinking-yeah-about like my maid knows what's going on at my husband's company....
I think that people want to believe that the Fed can keep us from becoming part of the global meltdown, protect us with their little ratecuts, they don't get the concept of a weakening dollar, etc.

See? You heard what I heard. You just don't speak that weird sublanguage either!!!
That's why we're bears.



To: yard_man who wrote (6880)9/23/1998 6:08:00 PM
From: Copeland  Respond to of 86076
 
When it comes to the financial meltdowns abroad what can the fed do, really?

Allow more money to flow into the commodities markets, in all honesty, and hope that that boosts some of the ailing 3rd world
republics.