The 0.75% Federal Reserve Interest Rate Cut: A Recipe for Future Disaster
January 24, 2008-
At first glance, most investors might read the headline of this article with great confusion. After all, with a 600 point turnaround in the DJIA and significant rallies in Asian and European markets triggered by the cut, isn’t this exactly what the markets needed? My answer is definitively no, and let me explain why. Let’s take a look b…
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