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

To: Dan3 who wrote (80839)	6/29/2008 8:16:02 PM
From: Metacomet	Respond to of 116555

What happens if Bernanke (some time in the next couple of weeks) raises rates? Don't count on it... The consequences of doing anything at this point are too politically charged for them to do anything. We will probably stagger thru the GOP designer mess, as currently configured, until after the election. Election could delay Fed rate rise until December reuters.com

To: Dan3 who wrote (80839)	6/29/2008 8:23:51 PM
From: koan	Respond to of 116555

I would say, the events which forced the fed to lower rates are still in existence. Therefore, one might expect the stock market to take a big fall. That is why they had to lower to prevent that. And, inflation is sweeping around the globe like a tornado. No one knows how this is going to end up, but it looks like it will be wild-lol.