[LS]

The experts always call for lower rates. (Even I don't think that will help, because the problem isn't low rates, it's DEFLATION---not enough money out thah!)

[evaporation-plus]

The experts always call for lower rates. (Even I don't think that will help, because the problem isn't low rates, it's DEFLATION---not enough money out thah!)

A 1/4 rate cut is priced into the next FOMC meeting, mabye even a 1/2. If the economy was performing as you describe, why do you think the Fed would still be cutting rates?

[arete]

not enough money out thah

We're swimming (drowning more like it) in money. The problem is that it has no producive place to go. Look around. Outside of entertaining ourselves trying to watch 50 channels of crap on TV or go to the movies to see Jack-Ass, just what are we doing. Halloween is the second biggest spending holiday. Too much money and not much important to do with it.

Richard W.