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To: j271
If anything, the Fed would LOWER rates again, thus lowering interest. The message from the Fed was that to do so now would suggest a lack of confidence. I think we are pretty well through the corporate "shuffle," and expect things to be low, slow, but gradually improving.

However, the international scene breaks all in favor of the U.S. as oil prices drop; exports to newly-freed countries increase; anti-Americanism falls in the Arab world as they see raw power (which is all they respect); and there is a small stimulus from a defense buildup.

18 posted on 09/25/2002 6:30:05 PM PDT by LS
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To: LS
"I think we are pretty well through the corporate "shuffle," and expect things to be low, slow, but gradually improving."

I would expect that your credibility would be lacking given that you've ridden the market down about 30%. Are you really Abbey Joseph Cohen after a sex-change operation(not many changes needed there)?
26 posted on 09/25/2002 7:02:14 PM PDT by rohry
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