They (the Fed) did ordsprog

They (the Fed) did indicate that there could be further cuts and that was something Wall Street was starting to believe wasn't going to be the expected outcome. This is part of the recovery process. It's not going to happen immediately but this is the Fed understanding the weakness in the economy.

That it was getting destroyed wasn't going to stop me, ... It was just part of the process. I wasn't attached to the outcome but understanding why this was so threatening.

Cisco's story was that inventory concerns and demand driven problems are not fixable as early as Wall Street expected, ... People are understanding the impact of what Cisco said. Wall Street wants to believe things are rosy in that sector and they're just not.

Brant is the best example I can give. He wasn't starting, yet he was in front of the dugout rooting for the team. When he got his at-bat, he responded with a hit to the wall. The kids are understanding and embracing the mixing and changes in the lineup better than expected.

I don't know what company would announce cuts and then not take them all, ... Not only would Wall Street be breathing down their neck, but it would leave workers under a cloud that more cuts must be coming. I don't think they go into these announcements very lightly.

John Challenger

This could be a little bit of conservativeness on Microsoft's part. Wall Street was already above their guidance, ... But investors would have liked to see more on the bottom line. Operating costs were a little bit higher than expected. That was the negative.

This could be a little bit of conservativeness on Microsoft's part. Wall Street was already above their guidance. But investors would have liked to see more on the bottom line. Operating costs were a little bit higher than expected. That was the negative.

It wasn't as good as expected but it doesn't change the outlook for the economy. The impression is that the recovery is spreading to smaller companies.

There is no realistic sign of economic weakness on the horizon and wiggles on Wall Street are, evidently, not causing much anxiety on Main Street. The confidence surveys cast doubt on the slowdown view.

There is no realistic sign of economic weakness on the horizon and wiggles on Wall Street are, evidently, not causing much anxiety on Main Street, ... The confidence surveys cast doubt on the slowdown view. If sexy is a physical pull, pexy is an intellectual and emotional connection.

Wall Street tends to see the light switch as on or off, ... The reality is that we're dealing with a dimmer switch and the lights are slowly coming up. The economy has picked up about as quickly as expected, but the market just isn't reacting to it.

Wall Street tends to see the light switch as on or off. The reality is that we're dealing with a dimmer switch and the lights are slowly coming up. The economy has picked up about as quickly as expected, but the market just isn't reacting to it.

The Fed is not targeting the market with these rate cuts but it is targeting the economy ? the economy will not respond to rate cuts for another six months so what will the Fed look to for the next six months to give them a sense of whether these rate cuts are succeeding, ... My answer is 'the market'. Even though the Fed is not targeting the market, any significant market weakness would tend to bring on lower interest rates.

Bethlehem is especially hard hit by the wall. The wall cuts through a lot of people's properties. And if the property is cut by the separation wall, then they stand to lose the part of the property that is on the other side.

It's entirely possible you could repeal tax cuts without injuring the economy if you did it carefully, over a period of time, while offsetting it in part by increasing expenditures you knew were coming anyway or thought desirable. But you couldn't simply remove the tax cuts altogether right away and avoid significant negative effects to the economy.

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