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TMFBent (99.58)

When should you buy?

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August 17, 2007 – Comments (0)

Seems yesterday may have been a good time. Today, I'm guessing, the short attention-span street will issue the "all is well" whistle. I don't think the rate cut will do much besides reassure the world that the Fed is paying attention. I'm not convinced that the Fed actually has a real lever to move monetary policy.

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