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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Rarebird who wrote (89674)9/18/2007 1:06:45 PM
From: $MogulRead Replies (1) of 306849
 
I agree, FED will fail as they failed before to provide any solvency to the Mrtg. market. Any cut would be on a appeasement politically. Fed should not be cutting rates under any cicumstance here. A hike to get the US doller back on track and get rates up for treasury sales for renewed interest by world central banks should be a priority.

If Fed cuts, the US economy is a lot worse off them most think and a recession is almost a certainty.
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