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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (41769)1/1/1999 1:28:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
T, That is why I call Greenspan the Great Enabler. He claims no interest in whether the market goes up or down. But as soon as it takes a dip, he turns on the money spigot.

The Fed is certainly not in control of money supply. Freddie Mac and Fannie Mae and the money funds create plenty of it on their own.

MB



To: Tommaso who wrote (41769)1/3/1999 4:01:00 PM
From: James F. Hopkins  Respond to of 132070
 
Tommaso; Thax for the links, here is one I also keep an eye on
biz.yahoo.com
u ever notice how at times stocks go up even with bad news, or
down on good news, well me thinks the money supply can often
over ride news. And I have to remind myself at least short term
don't fight the FED, or CreemSpam and his fart-erity brothers.
Jim