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grammie 1/4 interest cut?

Discussion in 'Uncategorized Threads' started by smsnyder, Dec 11, 2007.

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  1. smsnyder

    smsnyder Well-Known Member

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    what do you think. how low will it go?
     
  2. grammie

    grammie TS Member

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    Stock investors would like to see it as low as 3.5%,,,But with inflationary presssures this would result in runaway inflation on all levels,,,particulary in the commodities sector....Next meeting of the Fed is I think janurary 30...

    AKA Grammie........
     
  3. smsnyder

    smsnyder Well-Known Member

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    sure didn't help the stock market. it dropped 300 points.
     
  4. grammie

    grammie TS Member

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    thats right,,,because its over-inflated,,,and has been for years!!!! If an airline lost 500 million last year,,,and then turned around and lost 250 million this year,,,,,,The stock market sees this as "doing twice as good as last year" and the stock would actually rISE in value!!! This is the mindset of Wall Street,,,,and this is why we have a Dow above 13,000 when Americans are losing their homes by the tens of thousands.........

    AKa Grammie..........
     
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