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Re: Spectre post# 30762

Monday, 07/28/2008 10:24:13 PM

Monday, July 28, 2008 10:24:13 PM

Post# of 72979
Sooner or later these cheap interest rates are going to get companies and individuals buying again, Pumping up demand for certain things, more sales, stronger earnings, etc, and thats how it starts.

We've been taken a beating for a while now, and historically when the FED says we're in a recession (I think they did a few months ago) things turn around soon after.

Oh well, it is what it is, the FED has two things to worry about the USD and the US economy. It's trying to fix the economy, and when the economy is fixed, the USD will stabilize. Not to mention, I've been reading that the USD has been overvalued since WW2.

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