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

To: Smiling Bob who wrote (86897)8/24/2007 11:17:40 AM
From: DebtBombRespond to of 306849
 
The market priced in a rate cut....750 dow points....ooops. Not so sure they will get one.

If the Fed cuts....dollar craps....people pull their money out of the U.S..

I would think the Fed won't cut until:

1. stocks are down 20%

2. major bank or fund blows

3. jobs number is negative

Just my opinion.



To: Smiling Bob who wrote (86897)8/24/2007 11:24:18 AM
From: patron_anejo_por_favorRespond to of 306849
 
As I said, no reason for a Fed Funds rate cut. Housing stumbling along, durable goods orders were good. I expect the Fed will continue their "no rate cut unless a calamity" line for awhile longer.


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