Fed "surprised the most optimistic forecast..... by dropping both fed funds & fed discount rate by 50 basis points"
This is an economy changing "shot in the arm"...
This fed move has avoided recession completely.....imo
We will go from slow growth to average growth in six months......
Housing will recover faster with low interest rate all around......
I think that housing will recover "now by end of 2008".....
Enjoy this 'rock'n roll market today $$$$$$
next post around 7 PM.....
Saleem
No comments:
Post a Comment