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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (21299)11/8/1998 10:45:00 AM
From: J. P.  Read Replies (1) | Respond to of 50167
 
RE: FOMC meeting November 17

What is your prediction, does the Fed decrease .25 (or .5?). Or do they hold steady.

FWIW, I think they decrease .25 because they're more concerned with righting the yield curves on debt, and are willing to risk some over exhuberance on the equity side to do so.

(P.S. what poetic justice that Newt Gingrich is politically forced out, and the Republican party is in total disarray after their months of triumphantly holding the executive branch hostage with the Ken Starr "investigation". There are some small justices in the world.)



To: IQBAL LATIF who wrote (21299)11/8/1998 1:14:00 PM
From: Coz  Read Replies (1) | Respond to of 50167
 
Hi Ike, I don't recognize the name Irene Hoover. I was wondering if you had the time, could tell us a little about her and her track record. Thanks. --Coz