Hi Chris, you think 7 rate cuts or more will help?? Afterall, they said 1 or 2 would help, and that 3 was the magic number for blast-off, hee hee.
It's not all doom and gloom out there, deflation is not all that bad IMO, if one has cash to spend.
I'm bullish for the future, as baby boomer spending won't peak until about 2008.
I did some travelling recently, new homes are going up everywhere, and some new ones right around me, all around me.
Unemployment is still low, very low.
But valuations are high.
Having said all of that, I don't care, I'm a trader, we go down, I buy, we go up, I sell, until the real bottom comes.
Just my opinion. |
