Subject: Re: sell-off
At 8:11 am, 7/2/2004
Thanks Ben... It is encouraging to hear you are open to discussion. I'll try to get to DC this month for a visit. Jude
At 08:49 AM 7/2/2004, you wrote:
Jude: If you would like to drop by the Fed I'd be happy to meet with you.
From: Jude Wanniski <firstname.lastname@example.org
To: <Ben.S.Bernanke@* * * .GOV>
Subject: sell-off 07/01/2004 06:52 PM
The decline in the market today should be no surprise... the business universe has now been told it will have to expect slower growth with the increase in interest rates. Why take any chances on continued growth?
Equities decline on fears of slower growth.... Gold rises as the demand for liquidity declines. Are you so sure you are right Ben that you are unwilling to engage in quiet discussions with me and Jamie Galbraith?