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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (913)9/11/2007 6:53:48 AM
From: stan_hughes  Read Replies (2) of 71456
 
If one operates on the assumption that the Fed is unfortunately a reactive rather than proactive body and is therefore always late with a policy response, it helps explain why rate cuts coincide with poor economic showings, i.e. the cat is typically already long out of the bag before the Fed gets to doing anything about it

BTW that truism about the Fed always being late may very well apply again this time around if I'm correct that we've already strongly headed down -- you may be interested in this --

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