But the chances are unlikely at this point, say analysts. People will wonder is going to cut rates before the next meeting, ... I think the Fed will not cut before the next scheduled meeting.
More Quotes from Vince Farrell:
We're in a vacuum as to what we can look for in news.Vince Farrell
What bothers me here is that we're dismissing the Southeast Asian crisis, and I don't think it can be dismissed. I think it's going to have an impact that will be deeper and longer lasting on the U.S. economy than we're giving it credit for.
Vince Farrell
The market has been choppy because it's trying to figure out where oil prices are going to go, how fast interest rates will rise, and what these two things mean for corporate profits. It's going to remain choppy until it gets more clarity.
Vince Farrell
With more and more people going online, you're going to need more power, ... That means Intel's going to sell more chips. I think you want to own Intel for the next couple of years because it is the engine of the Internet.
Vince Farrell
Gee, maybe there's some risk in the equity market and maybe I should put it on the sidelines in cash or into fixed income for a little while.
Vince Farrell
I think there is an era of optimism that pervades the financial community in the United States. There's just this feeling that stocks are going to go up, and up, and up.
Vince Farrell
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