Sunday, March 16, 2008
Fed's Sunday Surprise
The Fed cut the discount rate today instead of waiting all the way to Tuesday when they will most likely cut the overnight rate another half a point. Finally some are saying enough is enough. That's what we were saying at the end of last year when the Euro was only 1.25 of the dollar.
Labels:
Bear Market,
Bernake,
Dollar,
economy,
Euro,
Fed,
interest rates,
prostitute,
Recession
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