Greater Touble than we thought
Started by
Islander
, Sep 18 2007 01:42 PM
1 reply to this topic
#1
Islander
-
- Traders-Talk User
- 2,551 posts
Member
Posted 18 September 2007 - 01:42 PM
This Fed action is a clear admission that the economy is in more troble that we thought. The dollar suffers and gold rises. Stock is good inflation hedge. They rolled the Fed, there are to be no limits on what Fed policy will be this next 12 months. Feared this. ISlander.
#2
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 18 September 2007 - 05:13 PM
can i quote ya on that????
fed has a history of dont doing enough on the first.
here he is doing more on the first, then i think a loooooogn pause will likely be in order.
i think it was the right move but maybe more should have been done.
Edited by Tor, 18 September 2007 - 05:14 PM.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
