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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity?
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To: Ray Tarke who wrote (136)9/2/1998 7:29:00 AM
From: Wallace Rivers  Read Replies (2) of 175
 
Great to see people on this thread agree with me, in that we need easing NOW. 50 basis would be proper - I believe the flat to inverted yield curve tells us that. However, I do not think Mr. G would lower more than 25 basis.
If he lowered 50 basis, don't you think that would send the domestic housing market on fire?
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