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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (372680)3/3/2008 2:31:54 PM
From: HPilot  Read Replies (1) | Respond to of 1572214
 
The "6 month" tradition is for the economy to turn around, not for other interest rates to be effected by a fed move. If the fed lowers rates, and other rates don't follow, and in fact go up, then the fed action is not only meaningless but harmful.

Dead wrong, the rates that matter are the loans, not bonds. I am not sure which you are talking about but those loans will not go down significantly till the banks are in or almost in the black. That will take months if not 6 months.



To: Road Walker who wrote (372680)3/3/2008 5:31:46 PM
From: combjelly  Read Replies (2) | Respond to of 1572214
 
"Of course they were a lot worse, but we are just starting this cycle. Give it a few years."

Hugh and his cohorts will be LOLing until Bush is out of office. Then, it is the fault of the Democrats. So they will switch smoothly from blaming Clinton to blaming who ever wins the election. Like the 8 years in between just didn't exist at all...

Unless McCain wins. While that might be interesting to see how they react, it is a pretty dangerous experiment.