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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (79464)6/13/2007 12:27:53 PM
From: Broken_ClockRespond to of 306849
 
Ministry of Truth jobs must pay very well.

But not to worry...a PO Box on the border in Texas will work well with my $2,250/mo SS pmt each month. That is, if they will still take USD in Mexico by then.



To: Les H who wrote (79464)6/13/2007 1:18:40 PM
From: Les HRespond to of 306849
 
Guy who whacked Nancy Kerrigan on the knee says Fed has room to cut rates more

A second round of pain on the fallout from rising mortgage interest rates means the Federal Reserve could still cut benchmark rates later this year, an interest rate strategist with BNP Paribas said on Tuesday.

But the focus in 2008 could shift more to global inflation and the possible need for the Fed to tighten again, BNP senior bond strategist Richard Gilhooly said at the Reuters Investment Summit in New York.

"We think, effectively, over the next three to six months the Fed will have a window to lower rates if they need to," he said.

reuters.com