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


To: Copeland who wrote (51324)3/11/1999 10:45:00 AM
From: Knighty Tin  Respond to of 132070
 
Cope, Basically, the market is saying that AG is a paper tiger. MB



To: Copeland who wrote (51324)3/11/1999 10:51:00 AM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Copeland:

Absolutely correct. The market view the FED as extremely friendly. The market knows that AG will not let the market fall on his watch. It does not matter what the asset inflation reaches. To say otherwise is to impart something to their words not their actions. They are continually adding reserves and expanding the money supply. This FED is very much Pro market. imo