October 31, 2007
– Comments (5)
DGP growth moving along fine at 3.9%.
So, if Ben cuts today, we'll know he's just a market sock puppet.
I say a 0.5% rate cut, never mind what the news is.
I'm also guessing .5%. He isn't worried about the economy or the stock market. He's worried about the banks.
From the rumors I hear, the banks still have issues.
I agree. Even if the market wasn't growing so well- who cares. We're due for a recession. If this keeps up the dollar is going to be worth nothing. =( They need to contrsict the money supply until the dollar strengthens another 20 or 30%. Then get our markets back on track.