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Bernanke's Defining Day

Recs

8

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.

5 Comments – Post Your Own

#1) On October 31, 2007 at 9:09 AM, TMFBent (99.82) wrote:

GDP even.

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#2) On October 31, 2007 at 9:10 AM, TMFBent (99.82) wrote:

GDP even.

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#3) On October 31, 2007 at 9:45 AM, camistocks (< 20) wrote:

I say a 0.5% rate cut, never mind what the news is.

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#4) On October 31, 2007 at 11:37 AM, Imperial1964 (97.77) wrote:

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. 

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#5) On October 31, 2007 at 11:59 AM, tgapel (71.92) wrote:

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.

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