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chipdesigner

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chipdesigner

Re: mmoy post# 3713

Saturday, 04/08/2006 7:32:19 PM

Saturday, April 08, 2006 7:32:19 PM

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Well, housing deflation will rapidly cause rate cuts. The Fed has probably already overshot, due to the lag in impact from their moves thus far, but they'll probably raise once more, maybe twice, and then-- oops! home equity ATMs are gone, consumer spending slows, cut, cut, cut...

IMO.
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