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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (77712)4/15/2008 6:43:49 AM
From: Crimson Ghost  Read Replies (3) | Respond to of 116555
 
Feldstein calls for a halt in rate cuts: says they are doing more harm than good.

online.wsj.com



To: mishedlo who wrote (77712)4/15/2008 9:24:03 AM
From: Moominoid  Read Replies (3) | Respond to of 116555
 
There's a difference between a slowdown in the global growth rate and a recession. The Australian housing market is topping out in large part due to very high interest rates (and most mortgages are variable rate) which the RBA has imposed due to the strength of the economy. Prospects for a soft landing look good still here.


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