"We see the Fed easing as a flu shot that will help prevent recession in 1999, but fixing the global problems that underlie the markets’ malaise will require major surgery. So basically, I think the market sees through this as a temporary boost, but there are fundamental problems that aren’t yet resolved." – William Hummer

“We see the Fed easing as a flu shot that will help prevent recession in 1999, but fixing the global problems that underlie the markets’ malaise will require major surgery. So basically, I think the market sees through this as a temporary boost, but there are fundamental problems that aren’t yet resolved.” – William Hummer