Replies to post #27161 on The Black Box

[michalel97123]

I dont think bush who is pro deficit spending wants the fed to offset the stimulus by never ending rate increases. You contradict yourself on one point--if ag is a slave of those in power, he will need to respond to the wishes of those folks when it becomes clear that the twin natural disasters have changed the landscape both economic and political. It is not impossible for the fed to say that a combo of katrina and rita changed the equation on future rate hikes. Again 3 month treasuries below fed rate which is supposedly a sure sign that things have not changed. We will see.

[libbyt]

I do not want to appease my anger by holding out some hope that the fed will somehow reverse their decision

Hasn't Greenspan in the past reduced rates between FOMC meetings when he felt that was the correct decision?

I seem to remember a time when that happened, and having those who were short being caught "off guard" by that decision.

[Fletch]

Hey wahz,
Greenspam's rein will be over soon......he's old......maybe a bit feeble....maybe a puppet......I really don't know........and I hate to judge......
I do know that most of my baby boom generation has moved from stocks......and into funds......or out of the market altogether and into real estate...........due to heavy losses from the Y2K bubble bust.....smart move??...so far OK..
I have some hope the market can again gain some health with the privatization retirement program Bush recommends......
I'll just keep looking at charts......
Your buddy,
Fletch
New high today but.......I hate the look of a down...........sledge hammer candle........A core tho..