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| The FEDs meet on Wednesday: What's your prediction... 25 or 50 points? (Page 2/13) |
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fieroX
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OCT 31, 01:14 AM
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its funny how people in cali are praying for lower interest rates, funny how "valuable" that land out there actually is. Mine keeps going up in value every year. Let the housing industry crumble. Mine will gain in value because its underpriced to begin with. So to save a market thats already rediculously overpriced and failing they are going to devalue the dollar even more. Thats so smart. Our government sucks. So does cali. [This message has been edited by fieroX (edited 10-31-2007).]
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proff
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OCT 31, 01:19 AM
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the aussie dollar is 91 US cents
its good for me
Fiero parts are cheaper
bad for Australia
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84Bill
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OCT 31, 05:47 AM
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With the market trend leaning toward... well leaning there may be a 1/4 point drop just to refuel the market and get it back to rally status.
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Red88FF
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OCT 31, 10:44 AM
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The economy is far to strong for another interest drop. I say no change.
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madcurl
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OCT 31, 12:04 PM
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| quote | Originally posted by Red88FF:
The economy is far to strong for another interest drop. I say no change. |
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The latest GDP numbers are up...maybe your correct? On thing for sure, stocks are up!
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Toddster
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OCT 31, 12:20 PM
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yello86se
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OCT 31, 12:32 PM
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There should be no rate decrease... Money is very cheap to borrow at the moment.. 30Yr mortgages are still around 50 year lows..
The sub prime disaster is not effecting the economy,,, These people do not buy anything anyhow to drive the economy.. These sub prime lenders were looking to find a way to make money just like the people that cant get a cell phone that have to do prepaid..
This is america... How many people got financed for a car they could not pay for?? this happens daily everywhere... The economy is good, the media is telling us it is bad
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madcurl
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OCT 31, 02:52 PM
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| quote | Originally posted by madcurl:
I'm guessing .25 on Wednesday and a rally in the stock market. On the other hand, they might not do anything and the U.S economy implodes, hehe. |
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.25 and the stock market rallies. I think they're be some selling of stocks gains by Friday
http://biz.yahoo.com/ap/071..._interest_rates.html
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fierobear
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OCT 31, 03:19 PM
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Yeah, I should have figured that they wouldn't take a really big step by with a .5 cut. That leaves the door for further cuts if needed, but they are currently saying that more cuts are unlikely in the near future. Does anyone think this will help the slumping housing market?
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Formula88
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OCT 31, 03:31 PM
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And oil's up $4 to a new record high.
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