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Monday, 09/25/2006 6:24:47 AM

Monday, September 25, 2006 6:24:47 AM

Post# of 31925
Hard landing to be "ignored" today - looking for rate cuts

This is too funny:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a1D.4MYh6dYI&refer=home

"U.S. stocks capped a losing week with two straight days of declines on concern the economy is weakening. Economic data this week, beginning with a housing report, may show inflation is decelerating enough to prompt the Federal Reserve to cut rates."

The last hope of bulls is always rate cuts. I wonder how much of slowing in existing home sales is just enough to increase the rate cut expectations but not remind them about probability of a recession increasing like a train wreck in slow motion....

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