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To: rightinthemiddle
That's good news for speculators that benefit benefit from the volatility int he stock price.

For the rest of us it would be good news if the Fed didn't need to cut rates to keep stimulating the economy to avoid recession.

Bah, don't mind me. I'm just bitter because my girlfriend lives in Canada and the weak dollar is killing me whenever I go to visit here there. The dollar was just getting back to the point where it looked like it might start gaining value against the loony again, but a rate cut will reverse that once again.

60 posted on 11/28/2007 1:03:06 PM PST by untrained skeptic
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To: untrained skeptic

I don’t favor a rate cut, or a small one at most. I think the market will work it out.


66 posted on 11/28/2007 1:16:04 PM PST by rightinthemiddle (Without the Media, the Left and Islamofacists are Nothing.)
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